ENVIRI VP nets shares from equity award vesting
ENVIRI Corp executive Samuel C. Fenice, VP & Corporate Controller, reported equity award activity involving performance share units and common stock.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 11,311 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,622 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,806 | $18.59 | $201K |
Footnotes (2)
- F1. 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.
- F2. 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.
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