Russell C. Hochman - 04 Mar 2025 Form 4 Insider Report for ENVIRI Corp (NVRI)

Signature
/s/ Russell C. Hochman
Issuer symbol
NVRI
Transactions as of
04 Mar 2025
Net transactions value
-$17,324
Form type
4
Filing time
06 Mar 2025, 17:37:18 UTC
Previous filing
13 Mar 2024
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVRI Common Stock Options Exercise $0 +5,510 +8.5% $0.000000 70,398 04 Mar 2025 Direct
transaction NVRI Common Stock Tax liability $17,324 -2,873 -4.1% $6.03 67,525 04 Mar 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NVRI Restricted Stock Units Award $0 +49,741 +76% $0.000000 115,290 04 Mar 2025 Common Stock 49,741 Direct F1
transaction NVRI Restricted Stock Units Options Exercise $0 -5,510 -4.8% $0.000000 109,780 04 Mar 2025 Common Stock 5,510 Direct F1
transaction NVRI Performance Share Units Award $0 +49,741 $0.000000 49,741 04 Mar 2025 Common Stock 49,741 Direct F2
transaction NVRI Stock Appreciation Rights Award $0 +79,559 $0.000000 79,559 04 Mar 2025 Common Stock 79,559 $6.03 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each performance share unit represents a contingent right to receive the equivalent of one share of Enviri common stock. Upon vesting, 50% of the performance share units will be settled in shares of Enviri common stock and 50% of the performance share units will be settled in cash. The performance share units vest based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index. The performance share units vest on 12/31/2027.
F3 The stock appreciation rights vest in one-third increments on each of the first three anniversaries of the date of grant.