Form 4: Enviri Corp: Executive Grasberger Reports Stock Transactions

Chairman, President, and CEO F. Nicholas Grasberger III reports acquisition and disposal of Enviri Corp stock and derivative securities.

Summary

• On March 4, 2025, F. Nicholas Grasberger III, Chairman, President, and CEO of Enviri Corp, reported transactions involving the company's stock and derivative securities.
• Grasberger acquired 22,487 shares of common stock at $0 and disposed of 10,317 shares at $6.03.
• Following these transactions, Grasberger directly owns 850,071 shares of Enviri Corp common stock.
• He also acquired 157,692 restricted stock units (RSUs), 315,383 performance share units (PSUs), and 252,223 stock appreciation rights (SARs).
• 22,487 Restricted Stock Units were exercised.
• Grasberger now holds 367,827 RSUs, 315,383 PSUs, and 252,223 SARs.
• The PSUs vest based on Enviri's total shareholder return relative to the S&P 600 Industrials Index and will be settled 50% in stock and 50% in cash upon vesting on December 31, 2027.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The granting of RSUs, PSUs, and SARs to the CEO aligns his interests with those of the shareholders.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions can be influenced by a variety of factors, including personal financial planning and company compensation policies.

Comparison to Industry Standards

• Executive compensation packages including stock options, restricted stock units, and performance share units are standard practice among publicly traded companies, particularly for companies in the S&P 600 Industrials Index.
• The vesting schedules and performance metrics (e.g., TSR relative to an index) are also typical components of such compensation plans.
• Companies like Tetra Tech, Waste Management, and Republic Services also utilize similar equity-based compensation strategies to align executive incentives with shareholder value.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the executive's perspective on the company's stock value.
• The equity-based compensation structure impacts employees as it aligns management's incentives with company performance.

Key Dates