Form 4: ENVIRI Corp Director Phillip Widman Reports Stock Transactions

Director Phillip Widman reports the vesting of restricted stock units and subsequent acquisition of common stock.

Summary

• On April 18, 2024, Phillip Widman, a director of ENVIRI Corp, reported transactions involving the company's stock.
• Widman acquired 13,426 shares of common stock upon the vesting of restricted stock units.
• The restricted stock units were granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan.
• Following the transaction, Widman directly owns 106,209 shares of ENVIRI Corp.
• Each restricted stock unit vests 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director stock ownership.
• The vesting of restricted stock units aligns director interests with those of shareholders.

Key Dates