Enviri Corp (NYSE: NVRI) SVP exercises 10,100 SARs and trims stake

Rhea-AI Filing Summary

Enviri Corp reported an insider equity transaction by its Senior Vice President & CHRO on December 8, 2025. The officer exercised 10,100 stock appreciation rights (SARs) at an exercise price of $7.45 per right. This exercise resulted in the delivery of 5,970 shares of common stock after 1,701 shares were withheld to cover tax obligations.

On the same day, the officer reported several dispositions of Enviri common stock, including a sale of 9,692 shares at a weighted average price of $18.1797, with individual sale prices ranging from $18.14 to $18.23. Additional transactions included dispositions at a price of $18.219. Following these transactions, the officer directly owned 8,181 shares of Enviri common stock and 27,364 SARs linked to Enviri shares.

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

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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^*

Kozak Jennifer Ott

(Last) (First) (Middle)

100-120 NORTH 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)
	Senior Vice President & CHRO

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

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	12/08/2025		M		10,100	A(1)	$7.45	23,704	D
Common Stock	12/08/2025		D		4,130	D	$18.219	19,574	D
Common Stock	12/08/2025		F		1,701	D(1)	$18.219	17,873	D
Common Stock	12/08/2025		S		9,692	D	$18.1797(2)	8,181	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
Stock Appreciation Rights	$7.45	12/08/2025		M			10,100	(3)	03/07/2033	Common Stock	10,100	$0	27,364	D

Explanation of Responses:

1. The reporting person received 5,970 shares of common stock upon the net exercise of 10,100 stock appreciation rights ("SARs"). A total of 1,701 shares of common stock underlying such SARs were withheld to satisfy the withholding tax obligation resulting from the exercise.

2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $18.14 to $18.23, inclusive. The reporting person undertakes to provide to Enviri Corporation, any security holder of Enviri Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4.

3. The stock appreciation rights vested in one-third increments on each of the first three anniversaries of March 7, 2023, the date of the grant.

Remarks:

	/s/ Jennifer O. Kozak	12/09/2025
	** 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.

FAQ

What insider transaction did Enviri Corp (NVRI) report in this Form 4?

The filing shows that a Senior Vice President & CHRO of Enviri Corp exercised 10,100 stock appreciation rights (SARs) and conducted multiple transactions in Enviri common stock on December 8, 2025.

How many Enviri (NVRI) stock appreciation rights were exercised and at what price?

The officer exercised 10,100 SARs at a $7.45 exercise price, resulting in the issuance of common shares linked to those rights.

How many Enviri (NVRI) shares did the insider receive and how many were withheld for taxes?

Upon exercising 10,100 SARs, the officer received 5,970 shares of common stock, while 1,701 shares underlying the SARs were withheld to satisfy tax withholding obligations.

What Enviri (NVRI) share sales were reported and at what prices?

The officer reported a sale of 9,692 shares of Enviri common stock at a weighted average price of $18.1797 per share, with individual trade prices ranging from $18.14 to $18.23. Additional dispositions were reported at $18.219 per share.

How many Enviri (NVRI) shares does the insider own after these transactions?

After the reported transactions, the officer directly owned 8,181 shares of Enviri common stock.

What derivative holdings in Enviri (NVRI) remain after the Form 4 transactions?

Following the exercise of 10,100 SARs, the officer reported ownership of 27,364 stock appreciation rights linked to Enviri common stock.

What does the weighted average price disclosure mean in this Enviri (NVRI) Form 4?

The filing explains that the $18.1797 price is a weighted average for multiple sale transactions executed between $18.14 and $18.23 per share. The officer has undertaken to provide detailed trade information upon request.