NVRI.NYSEEnviri CORP

Form 4: ENVIRI Corp Executive Russell Hochman Reports Stock Transactions

Sentiment:

SEC Form 4


Russell Hochman, SVP, GC, CCO and Corp. Sec. of ENVIRI Corp, reports the acquisition and disposal of common stock and derivative securities.

Summary

  • On March 4, 2025, Russell C. Hochman, SVP, GC, CCO and Corp. Sec. of ENVIRI Corp, filed a Form 4.
  • The transactions included the acquisition of 5,510 shares of common stock and the disposal of 2,873 shares at a price of $6.03.
  • Hochman also acquired 49,741 restricted stock units, 49,741 performance share units, and 79,559 stock appreciation rights.
  • Following these transactions, Hochman beneficially owns 67,525 shares of common stock, 115,290 restricted stock units, 49,741 performance share units, and 79,559 stock appreciation rights.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive, and does not inherently convey positive or negative sentiment.

Future Outlook

The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of the grant. The performance share units vest based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index and vest on 12/31/2027. The stock appreciation rights vest in one-third increments on each of the first three anniversaries of the date of grant.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's perspective on the company's stock.

Stakeholder Impact

  • Shareholders can use this information to understand the actions of company insiders.
  • The filing provides transparency into executive compensation and ownership.

Key Dates

DateDescription
03/04/2025Date of earliest transaction and acquisition/disposal of securities.
03/06/2025Date of signature for the Form 4 filing.
12/31/2027Vesting date for performance share units.
03/04/2035Expiration date for stock appreciation rights.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.