Enviri Corp (NVRI) officer discloses 200% PSU vesting and share disposals
Rhea-AI Filing Summary
Enviri Corp's Senior Vice President & Chief Human Resources Officer reported multiple stock transactions on December 16, 2025 tied to performance share unit vesting. The officer acquired 43,334 and 60,992 shares of common stock at $0 per share upon vesting of performance share unit awards that were approved on December 15, 2025.
Footnotes state that these performance share units vested at 200% of their target levels based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index, with one award settled half in shares and half in cash. The officer also disposed of 19,899, 30,496, and 14,004 shares at $17.85 per share, including a deemed surrender of 30,496 shares to the issuer related to the cash-settled portion of the units. After these transactions, the officer directly owned 48,108 shares of Enviri common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 43,334 | $0.00 | -- |
| Exercise | Performance Share Units | 60,992 | $0.00 | -- |
| Exercise | Common Stock | 43,334 | $0.00 | -- |
| Tax Withholding | Common Stock | 19,899 | $17.85 | $355K |
| Exercise | Common Stock | 60,992 | $0.00 | -- |
| Disposition | Common Stock | 30,496 | $17.85 | $544K |
| Tax Withholding | Common Stock | 14,004 | $17.85 | $250K |
Footnotes (1)
- Represents shares issued upon vesting of performance share unit awards, as approved on December 15, 2025 by the Management Development & Compensation Committee of the Enviri Board of Directors. Represents deemed surrender to the issuer of shares deemed to be issued upon vesting of the cash-settled portion of performance share units referenced in footnote (4) below. 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 13, 2024, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index. 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 6, 2025, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index. 50% of the performance share units were settled in shares of Enviri common stock and 50% of the performance share units were settled in cash.