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Enviri (NVRI) COO reports RSU conversion and tax-share disposition

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

Rhea-AI Filing Summary

Enviri Corp President & COO Russell C. Hochman reported equity compensation activity involving restricted stock units and common shares. On March 4, 2026, 16,580 restricted stock units were converted into 16,580 shares of Enviri common stock at a stated price of $0.0000 per share, reflecting a derivative exercise or conversion under the company’s 2013 Equity and Incentive Compensation Plan.

In a related tax-withholding disposition, 7,684 common shares were delivered at $18.1600 per share to satisfy tax obligations associated with this equity event. After these transactions, Hochman directly owned 206,727 shares of common stock and held 69,071 restricted stock units, which represent a contingent right to receive Enviri common stock on a one-for-one basis as they vest.

Positive

  • None.

Negative

  • None.
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*
Hochman Russell 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)
President & COO
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 M 16,580 A $0 214,411 D
Common Stock 03/04/2026 F 7,684 D $18.16 206,727 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
Restricted Stock Units (1) 03/04/2026 M 16,580 (1) (1) Common Stock 16,580 $0 69,071 D
Explanation of Responses:
1. Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Enviri common stock on a one-for-one basis when the restricted stock units vest. The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of the grant.
Remarks:
/s/ Russell C. Hochman 03/06/2026
** 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.

FAQ

What insider transactions did Enviri (NVRI) report for Russell C. Hochman?

Enviri reported that President & COO Russell C. Hochman had 16,580 restricted stock units convert into 16,580 common shares and 7,684 common shares delivered for taxes. These transactions reflect equity compensation activity rather than open-market buying or selling.

How many Enviri (NVRI) shares does Russell C. Hochman own after this Form 4?

After the reported transactions, Russell C. Hochman directly owns 206,727 shares of Enviri common stock and holds 69,071 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Enviri common stock as vesting conditions are met.

What happened to the 16,580 restricted stock units for Enviri (NVRI)?

The 16,580 restricted stock units were exercised or converted into 16,580 shares of Enviri common stock at a stated price of $0.0000 per share. This reflects the vesting and settlement of equity compensation granted under Enviri’s 2013 Equity and Incentive Compensation Plan.

Why were 7,684 Enviri (NVRI) shares disposed of at $18.16?

The 7,684 Enviri common shares were disposed of at $18.1600 per share to satisfy tax liabilities related to the equity compensation event. This tax-withholding disposition is coded as “F” and does not represent an open-market sale initiated for investment purposes.

How do Enviri (NVRI) restricted stock units for Hochman vest over time?

Restricted stock units granted under Enviri’s 2013 Equity and Incentive Compensation Plan vest in one-third increments on each of the first three anniversaries of the grant date. Upon vesting, each unit gives a contingent right to receive one share of Enviri common stock.

What does transaction code M mean in Enviri (NVRI) Hochman’s Form 4?

Transaction code M on Hochman’s Form 4 indicates the exercise or conversion of a derivative security, in this case restricted stock units. It shows that 16,580 restricted stock units were settled into 16,580 shares of Enviri common stock as part of his equity compensation.
Enviri Corp

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1.46B
74.80M
Waste Management
Services-services, Nec
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United States
PHILADELPHIA