Form 4: Enviri CEO Grasberger Reports RSU Vesting, Stock Sale

Enviri Corp's Chairman and CEO, F. Nicholas Grasberger III, reported the vesting of 52,564 restricted stock units and the subsequent sale of 24,138 shares for tax withholding purposes.

Summary

• F. Nicholas Grasberger III, Chairman and CEO of Enviri Corp (NVRI), reported transactions on March 4, 2026.
• Acquired 52,564 shares of Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Disposed of 24,138 shares of Common Stock at $18.16 per share to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, direct beneficial ownership of Common Stock is 1,581,768 shares.
• 216,991 Restricted Stock Units remain beneficially owned.
• The RSUs vest in one-third increments on each of the first three anniversaries of the grant date under the 2013 Equity and Incentive Compensation Plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. It reflects the routine execution of executive compensation, indicating stability in management's incentive structure, with the executive maintaining a substantial stake in the company.

Positives

• The vesting of 52,564 Restricted Stock Units indicates the successful execution of a long-term incentive compensation plan for the Chairman and CEO.
• The executive's continued significant beneficial ownership of 1,581,768 shares of Common Stock aligns management interests with shareholders.

Negatives

• The disposition of 24,138 shares, although for tax withholding, reduces the direct beneficial ownership of the Chairman and CEO.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the general vesting schedule of the Restricted Stock Units, which vest in one-third increments on each of the first three anniversaries of the grant date.

Industry Context

StockSavvy.ai notes that the vesting of restricted stock units and subsequent sale of shares for tax withholding are routine compensation events for executives in publicly traded companies. This type of transaction is a standard component of long-term incentive plans designed to align executive interests with shareholder value over time.

Stakeholder Impact

• Shareholders: The transaction is a routine compensation event and does not indicate a change in company fundamentals or strategy. The executive maintains a significant ownership stake, aligning interests.
• Employees: No direct impact mentioned.

Next Steps

• Future vesting of the remaining 216,991 Restricted Stock Units according to their one-third increment schedule on the first three anniversaries of the grant date.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the vesting of restricted stock units and a subsequent sale for tax purposes. It does not provide new fundamental information about Enviri Corp's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Investors should maintain their current position based on broader company fundamentals and market conditions.

Keywords

Enviri, NVRI, Form 4, insider transaction, restricted stock units, RSU vesting, stock disposition, CEO, beneficial ownership