Schedule 13G/A: D. E. Shaw reports 5.7% of Enviri common

Rhea-AI Filing Summary

D. E. Shaw filed Amendment No. 3 to Schedule 13G reporting a passive stake in Enviri Corporation (NVRI) common stock. D. E. Shaw & Co., L.P. beneficially owned 4,599,414 shares, representing 5.7% of the class, with shared voting power over 4,596,416 shares and shared dispositive power over 4,599,414 shares. D. E. Shaw & Co., L.L.C. beneficially owned 4,415,858 shares (5.5%) with shared voting and dispositive power over 4,415,858 shares.

David E. Shaw may be deemed the beneficial owner of 4,599,414 shares (5.7%) through management and control roles and disclaims beneficial ownership; no sole voting or dispositive power was reported. The filing certifies the securities were not acquired or held to change or influence control. The date of the event requiring the filing was 09/30/2025.

Insights

Equity ownership & disclosure analyst

Passive 13G/A: D. E. Shaw reports a 5.7% stake in Enviri.

D. E. Shaw & Co., L.P. reports 4,599,414 shares (5.7%) with shared voting (4,596,416) and shared dispositive (4,599,414) powers; D. E. Shaw & Co., L.L.C. reports 4,415,858 shares (5.5%) with shared powers matching that amount. David E. Shaw may be deemed to share voting/dispositive powers over 4,596,416/4,599,414 shares and disclaims beneficial ownership.

This is a Schedule 13G/A, indicating a passive intent. No sole voting or dispositive power is shown, and the certification states the holdings were not acquired to change or influence control. Actual market impact depends on future holder decisions.

The event date is 09/30/2025. Subsequent filings may update ownership levels or intent if thresholds or circumstances change.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Enviri Corporation

(Name of Issuer)

Common stock, par value $1.25 per share

(Title of Class of Securities)

415864107

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 415864107

1

Names of Reporting Persons

D. E. Shaw & Co., L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,596,416.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,599,414.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,599,414.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.7 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP No. 415864107

1

Names of Reporting Persons

D. E. Shaw & Co., L.L.C.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,415,858.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,415,858.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,415,858.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 415864107

1

Names of Reporting Persons

David E. Shaw

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,596,416.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,599,414.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,599,414.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.7 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Enviri Corporation
(b)	Address of issuer's principal executive offices: Two Logan Square, 100-120 North 18th Street, 17th Floor, Philadelphia, PA 19103
Item 2.
(a)	Name of person filing: D. E. Shaw & Co., L.P. D. E. Shaw & Co., L.L.C. David E. Shaw
(b)	Address or principal business office or, if none, residence: The business address for each reporting person is: Two Manhattan West 375 Ninth Avenue, 52nd Floor New York, NY 10001
(c)	Citizenship: D. E. Shaw & Co., L.P. is a limited partnership organized under the laws of the state of Delaware. D. E. Shaw & Co., L.L.C. is a limited liability company organized under the laws of the state of Delaware. David E. Shaw is a citizen of the United States of America.
(d)	Title of class of securities: Common stock, par value $1.25 per share
(e)	CUSIP No.: 415864107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: D. E. Shaw & Co., L.P.: 4,599,414 shares This is composed of (i) 3,329,789 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C., (ii) 711,328 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iii) 324,041 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (iv) 49,800 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (v) 184,456 shares under the management of D. E. Shaw Investment Management, L.L.C. D. E. Shaw & Co., L.L.C.: 4,415,858 shares This is composed of (i) 3,329,789 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C., (ii) 711,328 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iii) 324,041 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (iv) 49,800 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (v) 900 shares in the name of D. E. Shaw Investment Management Special Investment Fund, L.L.C. David E. Shaw: 4,599,414 shares This is composed of (i) 3,329,789 shares in the name of D. E. Shaw Galvanic Portfolios, L.L.C., (ii) 711,328 shares in the name of D. E. Shaw Oculus Portfolios, L.L.C., (iii) 324,041 shares in the name of D. E. Shaw Valence Portfolios, L.L.C., (iv) 49,800 shares in the name of D. E. Shaw Composite Portfolios, L.L.C., and (v) 184,456 shares under the management of D. E. Shaw Investment Management, L.L.C. David E. Shaw does not own any shares directly. By virtue of David E. Shaw's position as President and sole shareholder of D. E. Shaw & Co., Inc., which is the general partner of D. E. Shaw & Co., L.P., which in turn is the investment adviser of D. E. Shaw Oculus Portfolios, L.L.C., D. E. Shaw Valence Portfolios, L.L.C., and D. E. Shaw Composite Portfolios, L.L.C. and the managing member of (i) D. E. Shaw Investment Management, L.L.C., which in turn is the investment adviser of D. E. Shaw Investment Management Special Investment Fund, L.L.C., and (ii) D. E. Shaw Adviser II, L.L.C., which in turn is the investment adviser of D. E. Shaw Galvanic Portfolios, L.L.C., and by virtue of David E. Shaw's position as President and sole shareholder of D. E. Shaw & Co. II, Inc., which is the managing member of D. E. Shaw & Co., L.L.C., which in turn is the manager of D. E. Shaw Oculus Portfolios, L.L.C., D. E. Shaw Valence Portfolios, L.L.C., D. E. Shaw Composite Portfolios, L.L.C., and D. E. Shaw Investment Management Special Investment Fund, L.L.C. and the managing member of D. E. Shaw Manager II, L.L.C., which in turn is the manager of D. E. Shaw Galvanic Portfolios, L.L.C., David E. Shaw may be deemed to have the shared power to vote or direct the vote of 4,596,416 shares and the shared power to dispose or direct the disposition of 4,599,414 shares, the 4,599,414 shares as described above constituting 5.7% of the outstanding shares, and, therefore, David E. Shaw may be deemed to be the beneficial owner of such shares. David E. Shaw disclaims beneficial ownership of such 4,599,414 shares.
(b)	Percent of class: D. E. Shaw & Co., L.P.: 5.7% D. E. Shaw & Co., L.L.C.: 5.5% David E. Shaw: 5.7%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: D. E. Shaw & Co., L.P.: 0 shares D. E. Shaw & Co., L.L.C.: 0 shares David E. Shaw: 0 shares
	(ii) Shared power to vote or to direct the vote: D. E. Shaw & Co., L.P.: 4,596,416 shares D. E. Shaw & Co., L.L.C.: 4,415,858 shares David E. Shaw: 4,596,416 shares
	(iii) Sole power to dispose or to direct the disposition of: D. E. Shaw & Co., L.P.: 0 shares D. E. Shaw & Co., L.L.C.: 0 shares David E. Shaw: 0 shares
	(iv) Shared power to dispose or to direct the disposition of: D. E. Shaw & Co., L.P.: 4,599,414 shares D. E. Shaw & Co., L.L.C.: 4,415,858 shares David E. Shaw: 4,599,414 shares
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

D. E. Shaw & Co., L.P.

Signature:	/s/ Daniel R. Marcus
Name/Title:	Daniel R. Marcus / Chief Compliance Officer
Date:	11/14/2025

D. E. Shaw & Co., L.L.C.

Signature:	/s/ Daniel R. Marcus
Name/Title:	Daniel R. Marcus / Authorized Signatory
Date:	11/14/2025

David E. Shaw

Signature:	/s/ Daniel R. Marcus
Name/Title:	Daniel R. Marcus / Attorney-in-Fact for David E. Shaw
Date:	11/14/2025

Comments accompanying signature: Exhibit 1: Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co., Inc., in favor of the signatories hereto, among others, dated August 1, 2024. Exhibit 2: Power of Attorney, granted by David E. Shaw relating to D. E. Shaw & Co. II, Inc., in favor of the signatories hereto, among others, dated August 1, 2024.

Exhibit Information

Exhibit 3: Joint Filing Agreement, by and among the Reporting Persons, dated November 14, 2025.