Enviri Corp (NVRI) SVP converts performance units and withholds 26,288 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri Corp senior executive Jeffrey A. Beswick, SVP & Group President of Clean Earth, reported equity compensation activity. On February 26, 2026, performance share units were exercised/converted into 58,674 shares of common stock, following the vesting of 29,337 performance share units.
A separate transaction on the same date disposed of 26,288 common shares at $18.59 per share to satisfy tax withholding obligations related to this vesting. After these transactions, Beswick directly owned 99,413 shares of Enviri common stock. Footnotes state the units vested at 200% of target based on relative total shareholder return through December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
29,337 shares exercised/converted
Mixed
3 txns
Insider
Beswick Jeffrey A
Role
SVP & Grp. Pres., Clean Earth
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 29,337 | $0.00 | -- |
| Exercise | Common Stock | 58,674 | $0.00 | -- |
| Tax Withholding | Common Stock | 26,288 | $18.59 | $489K |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Stock — 125,701 shares (Direct)
Footnotes (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 May 11, 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.
FAQ
What insider transactions did Enviri Corp (NVRI) report for Jeffrey A. Beswick?
Jeffrey A. Beswick exercised performance share units into 58,674 shares of Enviri common stock and disposed of 26,288 shares to cover tax withholding. These equity compensation-related moves left him holding 99,413 directly owned Enviri common shares after the reported transactions.