Form 4: ENVIRI Corp Executive Jennifer Ott Kozak Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President & CHRO of ENVIRI Corp, Jennifer Ott Kozak, reports the vesting and disposal of restricted stock units and common stock.
Summary
- On March 4, 2024, Jennifer Ott Kozak, Senior Vice President & CHRO of ENVIRI Corp, reported transactions involving common stock and restricted stock units.
- 1,739 restricted stock units vested and were converted into common stock.
- 891 shares of common stock were disposed of to cover tax obligations at a price of $8.27 per share.
- Following these transactions, Kozak directly owns 1,696 shares of common stock and 24,671 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. These filings are monitored by investors to understand management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/04/2022 | Date of grant for 5,218 restricted stock units, vesting in one-third increments on each of the first three anniversaries of the grant date. |
| 03/04/2024 | Date of transaction: vesting of 1,739 restricted stock units and disposal of 891 shares of common stock. |
| 03/06/2024 | Date of signature for the Form 4 filing. |
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