Form 4: ENVIRI Corp Director David C. Everitt Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director David C. Everitt reports acquisition of 16,025 restricted stock units in ENVIRI Corp on May 8, 2024.
Summary
- On May 8, 2024, David C. Everitt, a director of ENVIRI Corp, acquired 16,025 restricted stock units.
- These units were granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan.
- Each restricted stock unit will vest on the earlier of the first anniversary of the grant date or the annual meeting of the Issuer's stockholders in the year immediately following the year of the grant date.
- Following the transaction, Everitt directly owns 16,025 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates compensation for a director.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of transaction: David C. Everitt acquired 16,025 restricted stock units. |
| 05/10/2024 | Date of signature for the Form 4 filing. |
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