Form 4: Enviri Corp Executive Russell C. Hochman Reports Stock Transactions

Russell C. Hochman, SVP, GC, CCO and Corp. Sec. of Enviri Corp, reports the vesting and disposal of restricted stock units on March 1, 2024.

Summary

• On March 1, 2024, Russell C. Hochman, an executive at Enviri Corp, reported transactions involving common stock and restricted stock units.
• Hochman acquired 3,642 shares of common stock upon the vesting of restricted stock units.
• Concurrently, Hochman disposed of 1,899 shares of common stock at a price of $8.26 per share to cover tax obligations.
• Following these transactions, Hochman directly owns 55,472 shares of common stock and 48,067 restricted stock units.
• The restricted stock units vest in one-third increments on each of the first three anniversaries of the grant date.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The reporting person holds 48,067 restricted stock units that will vest in future periods.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors about insider activity.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates