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ENVIRI Corp (NVRI) VP receives 22,622 shares from performance award vesting

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ENVIRI Corp executive Samuel C. Fenice, VP & Corporate Controller, reported equity award activity involving performance share units and common stock. On February 26, 2026, he exercised 11,311 performance share units, which converted into 22,622 shares of common stock at no cash exercise price.

The award vested at 200% of the target units, based on Enviri’s total shareholder return versus the S&P 600 Industrials Index over a performance period that ended on December 31, 2025, after approval by the Management Development & Compensation Committee on February 18, 2026. To cover tax obligations, 10,806 shares of common stock were disposed of at $18.59 per share through a tax-withholding transaction, leaving Fenice with 41,735 shares of common stock held directly.

Positive

  • None.

Negative

  • None.
Insider Fenice Samuel C.
Role VP & Corporate Controller
Type Security Shares Price Value
Exercise Performance Share Units 11,311 $0.00 --
Exercise Common Stock 22,622 $0.00 --
Tax Withholding Common Stock 10,806 $18.59 $201K
Holdings After Transaction: Performance Share Units — 0 shares (Direct); Common Stock — 52,541 shares (Direct)
Footnotes (1)
  1. Represents shares issued upon vesting of performance share unit awards reported in Table II of this Form 4, as approved on February 18, 2026 by the Management Development & Compensation Committee of the Enviri Board of Directors. Each performance share unit vested at 200% of the target number of performance share units reported on the reporting person's Form 4 filed March 9, 2023, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index over the performance period ended December 31, 2025.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fenice Samuel C.
(Last) (First) (Middle)
TWO LOGAN SQUARE
100-120 N. 18TH STREET, 17TH FLOOR
(Street)
PHILADELPHIA PA 19103
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ENVIRI Corp [ NVRI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & Corporate Controller
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 M 22,622(1) A $0 52,541 D
Common Stock 02/26/2026 F 10,806 D $18.59 41,735 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units (2) 02/26/2026 M 11,311 (2) 12/31/2025 Common Stock 11,311 $0 0 D
Explanation of Responses:
1. Represents shares issued upon vesting of performance share unit awards reported in Table II of this Form 4, as approved on February 18, 2026 by the Management Development & Compensation Committee of the Enviri Board of Directors.
2. Each performance share unit vested at 200% of the target number of performance share units reported on the reporting person's Form 4 filed March 9, 2023, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index over the performance period ended December 31, 2025.
Remarks:
/s/ Samuel C. Fenice 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did ENVIRI Corp (NVRI) report for Samuel C. Fenice?

ENVIRI Corp reported that executive Samuel C. Fenice exercised performance share units into common stock and had shares withheld for taxes. He acquired 22,622 common shares via award vesting and 10,806 shares were disposed of to satisfy associated tax obligations.

How many ENVIRI (NVRI) performance share units vested for Samuel C. Fenice?

A total of 11,311 performance share units vested for Samuel C. Fenice. These units were reported as exercised and converted into 22,622 shares of ENVIRI common stock, reflecting a 200% payout of the original target performance share unit award.

Why did ENVIRI (NVRI) dispose of 10,806 shares for Samuel C. Fenice?

The 10,806 ENVIRI common shares were disposed of to satisfy tax liabilities related to the equity award vesting. The transaction was reported at a price of $18.59 per share and is characterized as a tax-withholding disposition, not an open-market sale.

How was ENVIRI (NVRI) performance measured for Samuel C. Fenice’s share units?

The performance share units vested at 200% of target based on total shareholder return. ENVIRI’s return was measured relative to the S&P 600 Industrials Index over a performance period that ended on December 31, 2025, driving the above-target payout.

What is Samuel C. Fenice’s ENVIRI (NVRI) share ownership after these transactions?

After the reported transactions, Samuel C. Fenice directly holds 41,735 shares of ENVIRI common stock. This figure reflects the new shares from the performance award vesting, net of shares withheld and disposed of for tax purposes on February 26, 2026.

Who approved the ENVIRI (NVRI) performance share unit vesting for Samuel C. Fenice?

The vesting of Samuel C. Fenice’s performance share units was approved by the Management Development & Compensation Committee of ENVIRI’s Board. The committee’s approval occurred on February 18, 2026, ahead of the February 26, 2026 vesting and conversion into common stock.