Enviri (NVRI) director granted 18,309 units tied to Clean Earth sale
Rhea-AI Filing Summary
Enviri Corp director John S. Quinn reported stock-based compensation activity involving 18,309 units. He received 18,309 phantom stock units and exercised 18,309 restricted stock units, each tied to Enviri common stock.
The restricted stock units were granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan and vested on the first anniversary of the May 7, 2025 grant date. The filing states the vested restricted stock units were deferred as phantom stock units under the same plan, bringing Quinn's phantom stock unit holdings to 34,334 units. Each phantom unit will be settled in one share of Enviri common stock within 30 days before the closing of Enviri's sale of its Clean Earth division.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,309 shares exercised/converted
Exercise
2 txns
Insider
Quinn John S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,309 | $0.00 | $0.00 |
| Grant/Award | Phantom Stock Units | 18,309 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Phantom Stock Units — 34,334 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. Each restricted stock unit vested at the close of business on the first anniversary of the May 7, 2025 grant date.
- F2. Represents deferral of vested restricted stock units as deferred compensation under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. Each phantom stock unit will be settled in one share of Enviri Common Stock within 30 days before the closing of Enviri's sale of its Clean Earth division
Key Figures
Phantom stock units granted: 18,309 units
Restricted stock units exercised: 18,309 units
Phantom stock units after transaction: 34,334 units
+2 more
5 metrics
Phantom stock units granted
18,309 units
Phantom Stock Units, transaction date May 7, 2026
Restricted stock units exercised
18,309 units
Restricted Stock Units, derivative exercise on May 7, 2026
Phantom stock units after transaction
34,334 units
Total phantom units following transaction
Price per unit
$0.0000 per unit
Both phantom and restricted stock unit transactions
Vesting schedule
1-year anniversary
RSUs vested on first anniversary of May 7, 2025 grant
Key Terms
Phantom Stock Units, Restricted Stock Units, 2016 Non-Employee Directors' Long-Term Equity Compensation Plan, deferred compensation, +2 more
6 terms
Phantom Stock Units financial
"Represents deferral of vested restricted stock units as deferred compensation under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Restricted Stock Units financial
"Represents restricted stock units granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2016 Non-Employee Directors' Long-Term Equity Compensation Plan financial
"Represents restricted stock units granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
deferred compensation financial
"Represents deferral of vested restricted stock units as deferred compensation under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
phantom stock unit will be settled financial
"Each phantom stock unit will be settled in one share of Enviri Common Stock within 30 days before the closing of Enviri's sale of its Clean Earth division"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Enviri (NVRI) director John S. Quinn report in this Form 4?
John S. Quinn reported stock-based compensation activity involving 18,309 units. He exercised 18,309 restricted stock units and received 18,309 phantom stock units linked to Enviri common stock under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan.
How many phantom stock units does Enviri (NVRI) director Quinn hold after these transactions?
After these transactions, Quinn holds 34,334 phantom stock units. Each phantom stock unit is designed to be settled in one share of Enviri common stock, creating deferred equity exposure instead of an immediate open-market share purchase or sale.
What are the key details of the 18,309 restricted stock units in Enviri (NVRI)'s filing?
The 18,309 restricted stock units were granted under Enviri’s 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. According to the filing, each restricted stock unit vested at the close of business on the first anniversary of the May 7, 2025 grant date.
How are Enviri (NVRI) phantom stock units for director Quinn settled?
Each phantom stock unit will be settled in one share of Enviri common stock. Settlement is scheduled to occur within 30 days before the closing of Enviri's sale of its Clean Earth division, linking the payout timing to that specific corporate transaction.
Does this Enviri (NVRI) Form 4 show any open-market stock buying or selling by Quinn?
The Form 4 reflects equity awards and derivative exercises rather than open-market trades. Transactions involve restricted stock units and phantom stock units with a stated price per unit of $0.0000, indicating compensation and deferral mechanics instead of market purchases or sales.
Under which plan were Enviri (NVRI) director Quinn’s units granted and deferred?
Both the restricted stock units and the phantom stock units are tied to Enviri’s 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. The filing notes initial RSU grants, subsequent vesting, and deferral into phantom stock units as deferred compensation under this plan.