Enviri II director transfers 28.1M shares at $0
Enviri Corp, a ten percent owner of Enviri II Corp, reported an internal restructuring transaction involving 28,103,750 shares of Enviri II Corp common stock on June 1, 2026.
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Rhea-AI Filing Summary
Enviri Corp, a ten percent owner of Enviri II Corp, reported an internal restructuring transaction involving 28,103,750 shares of Enviri II Corp common stock on June 1, 2026. This was coded as an “other” transaction related to a broader merger and reorganization.
According to the disclosure, all outstanding shares of Enviri II Corp common stock ultimately became owned by CLEH, Inc., which then distributed those shares pro rata and for no consideration to its stockholders, who were the former stockholders of Enviri Corporation. After the transaction, Enviri Corp reported holding 0 shares of Enviri II Corp common stock.
Insights
Filing shows a large, structural share redistribution with no cash proceeds.
The Form 4 records an “other” transaction where Enviri Corp moves 28,103,750 Enviri II Corp common shares as part of a merger and reorganization. The economic effect is a shift in which entities and stockholders hold these shares, rather than a market trade.
All Enviri II Corp common stock ends up owned by CLEH, Inc., which then distributes the shares to its stockholders, the former stockholders of Enviri Corporation, on a pro rata, no‑consideration basis. Future filings from the related entities may provide more detail on post‑reorganization ownership structures and governance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 28,103,750 | $0.00 | $0.00 |
Footnotes (2)
- F1. On June 1, 2026, all the outstanding shares of common stock of Enviri II Corporation were distributed, as a result of the following series of transactions made on that same date: (i) Enviri Corporation merged with and into Enviri LLC, with Enviri LLC surviving, and each outstanding share of common stock of Enviri Corporation exchanged for one share of common stock of CLEH, Inc., and (ii) CLEH, Inc. and its subsidiaries, including Enviri LLC and Enviri II Corporation, effected a reorganization, resulting in (x) Enviri II Corporation owning all of the equity interests of Enviri LLC, (y) Enviri LLC holding the Harsco Environmental and Rail segments of Enviri Corporation, and (z) CLEH, Inc. holding the Clean Earth segment of Enviri Corporation and owning all the outstanding shares of common stock of Enviri II Corporation, which CLEH, Inc. distributed to its stockholders (the former stockholders of Enviri Corporation) on a pro rata basis and for no consideration.
- F2. Represents the 1,000 shares initially reported on a Form 3 filed by Enviri Corporation on May 8, 2026, adjusted to reflect the stock split that occurred on May [29], 2026.
Key Figures
Key Terms
Form 3 regulatory
stock split financial
reorganization financial
pro rata basis financial
ten percent owner regulatory
FAQ
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What did the Enviri Corp (NVRI) Form 4 filed for Enviri II Corp report?
What earlier holding of Enviri II Corp (NVRI) is referenced in the Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.