Form 4: Enviri Corp Director Reports Final Equity Disposition

Director Edgar M. Purvis Jr. reports the disposition of all Enviri Corp shares following the company's merger and reorganization.

Summary

• Director Edgar M. Purvis Jr. disposed of 101,925 shares of Enviri Corp common stock on June 1, 2026.
• The disposition occurred as part of a multi-step merger and reorganization involving Veolia Environment S.A.
• The reporting person received $15.00 per share in cash consideration for the merger.
• The reporting person also received one share of New Enviri common stock for every three shares of Enviri Corp previously held.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing documenting the final stages of a previously announced merger and acquisition.

Positives

• Shareholders received a defined cash consideration of $15.00 per share as part of the merger agreement.
• The transaction structure allowed for the retention of equity in the newly formed New Enviri entity.

Negatives

• The reporting person no longer holds any direct beneficial ownership in the original Enviri Corp entity.

Risks

• The company has undergone a complex reorganization and merger, which may introduce integration risks for the surviving entities.
• Future performance of the distributed New Enviri common stock is subject to market volatility and operational execution.

Future Outlook

The company has been acquired by Veolia Environment S.A. and reorganized, with the Clean Earth segment separated into a new entity, New Enviri.

Management Comments

• The transactions were executed pursuant to the Agreement and Plan of Merger dated November 20, 2025.

Industry Context

StockSavvy.ai notes that this filing marks the completion of a significant consolidation event in the environmental services sector, aligning with broader trends of strategic divestiture and acquisition by global utility leaders like Veolia.

Comparison to Industry Standards

• The $15.00 per share cash consideration represents the final exit valuation for public shareholders of Enviri Corp.
• The spin-off of the Clean Earth segment into New Enviri follows standard corporate restructuring practices to unlock value in specific business units.

Corporate Governance

Stakeholder Impact

• Shareholders received cash and equity in a new entity.
• The company is no longer an independent publicly traded entity under the ticker NVRI.

Next Steps

• Finalization of the integration of Enviri Corp assets into Veolia Environment S.A.
• Commencement of operations for the independent New Enviri entity.

Key Dates

Keywords

Enviri Corp, Merger, Veolia Environment, Form 4, Director Disposition, Reorganization