Enviri II (NYSE: NVRI) director adds 14,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri II Corp director Purvis Edgar M Jr reported an open-market purchase of 14,000 shares of Common Stock on June 3, 2026 at a weighted average price of $18.10 per share, in multiple trades between $18.09 and $18.30.
Following this transaction, he directly owns 47,975 shares of Enviri II common stock. This total includes 33,975 shares acquired on June 1, 2026 through a pro rata distribution of all outstanding Enviri II shares by CLEH, Inc. to its stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,000 shares ($253,400)
Net Buy
1 txn
Insider
Purvis Edgar M Jr
Role
null
Bought
14,000 shs ($253K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 14,000 | $18.10 | $253K |
Holdings After Transaction:
Common Stock — 47,975 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $18.09 to $18.30, 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 (1) to this Form 4. Includes 33,975 shares acquired in a pro rata distribution by CLEH, Inc. on June 1, 2026 of all of the outstanding shares of the Issuer's common stock to the stockholders of CLEH, Inc.
Key Figures
Shares purchased: 14,000 shares
Weighted average price: $18.10 per share
Post-transaction holdings: 47,975 shares
+2 more
5 metrics
Shares purchased
14,000 shares
Open-market purchase on June 3, 2026
Weighted average price
$18.10 per share
June 3, 2026 open-market purchase
Post-transaction holdings
47,975 shares
Common Stock directly owned after June 3, 2026 trade
Price range of trades
$18.09–$18.30 per share
Multiple transactions included in the reported purchase
Shares from CLEH distribution
33,975 shares
Pro rata distribution on June 1, 2026
Key Terms
weighted average price, open-market purchase, pro rata distribution
3 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
pro rata distribution financial
"Includes 33,975 shares acquired in a pro rata distribution by CLEH, Inc."
A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.
FAQ
What insider transaction did NVRI director Purvis Edgar M Jr report?
He reported buying 14,000 Enviri II Corp shares. The purchase was an open-market transaction in Common Stock on June 3, 2026, adding to his direct holdings in the company.
Was the NVRI director’s June 3, 2026 Enviri II purchase an open-market trade?
Yes, it was classified as an open-market purchase. The transaction code "P" and description confirm it was a purchase in the open market or a private transaction, not an option exercise or grant.