Form 4: Enviri Corp Director John S. Quinn Reports Acquisition of Restricted and Phantom Stock Units

Director John S. Quinn reports acquisition of 16,025 restricted stock units and 16,025 phantom stock units in Enviri Corp on April 24, 2025.

Summary

• On April 24, 2025, John S. Quinn, a director of Enviri Corp, reported acquiring 16,025 restricted stock units.
• These restricted stock units were granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan and will vest on the earlier of the first anniversary of the grant date or the next annual meeting.
• Quinn also acquired 16,025 phantom stock units, representing deferred compensation under the same plan.
• Each phantom stock unit represents the right to receive cash equal to the fair market value of one Enviri Common Stock share at settlement, scheduled to begin within thirty days of the start of 2027.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard equity compensation practices, aligning director interests with shareholders.

Positives

• The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
• The deferred compensation in the form of phantom stock units incentivizes long-term performance.

Future Outlook

The director's holdings reflect a long-term stake in the company's performance, with vesting and settlement dates in the future.

Industry Context

This filing is a routine disclosure of equity-based compensation for a company director, common in publicly traded companies to align management interests with shareholder value.

Stakeholder Impact

• The acquisition of stock units by a director can positively influence shareholder confidence by aligning management's interests with the company's long-term success.

Key Dates

Keywords

Form 4, ENVIRI Corp, Director, John S. Quinn, Restricted Stock Units, Phantom Stock Units, Equity Compensation, Beneficial Ownership