Form 4: Enviri CFO Converts RSUs, Sells Shares for Tax

Enviri Corp's SVP and CFO, Tom George Vadaketh, converted restricted stock units into common stock and subsequently sold a portion to cover tax obligations.

Summary

• SVP and CFO Tom George Vadaketh acquired 21,172 shares of Enviri Corp common stock through the conversion of Restricted Stock Units (RSUs) on March 11, 2026.
• Concurrently, 9,723 shares were disposed of at a price of $17.94 per share on March 11, 2026, likely to cover tax liabilities associated with the RSU vesting and conversion.
• Following these transactions, Vadaketh directly owns 274,430 shares of common stock and 165,805 Restricted Stock Units.
• The Restricted Stock Units vest in one-third increments on each of the first three anniversaries of the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation, involving both the acquisition of shares through RSU vesting and a corresponding sale to cover tax obligations.

Positives

• The vesting of 21,172 Restricted Stock Units indicates the fulfillment of executive compensation incentives for the SVP and CFO.

Negatives

• A disposition of 9,723 shares, even if for tax purposes, reduces the direct common stock holdings of the SVP and CFO.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that RSU conversions and subsequent sales for tax purposes are common executive compensation events and do not necessarily indicate a change in management's outlook on the company or broader industry trends.

Stakeholder Impact

• Shareholders: This is a routine insider transaction and is unlikely to have a significant direct impact on shareholders, as it reflects standard executive compensation practices.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving the vesting of restricted stock units and a subsequent sale of shares to cover tax liabilities. Such transactions are common for executives and typically do not signal a change in the company's fundamentals or management's long-term view, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

Enviri, NVRI, Form 4, Insider Transaction, Stock Sale, RSU Conversion, Executive Compensation, Tom George Vadaketh