NVRI.NYSEEnviri CORP

Form 4: Enviri Corp Executive Russell Hochman Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Russell Hochman, SVP, GC, CCO and Corp. Sec. of Enviri Corp, reports the acquisition and disposal of common stock and restricted stock units on March 4, 2024.

Summary

  • On March 4, 2024, Russell C. Hochman, SVP, GC, CCO and Corp. Sec. of Enviri Corp, reported transactions involving Enviri Corp's common stock and restricted stock units.
  • Hochman acquired 5,510 shares of common stock upon the vesting of restricted stock units.
  • Concurrently, Hochman disposed of 2,735 shares of common stock at a price of $8.27 per share.
  • Following these transactions, Hochman beneficially owns 58,247 shares of common stock directly and 42,557 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.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

DateDescription
March 4, 2022Reporting person was granted 16,529 restricted stock units of which one-third vested on the second anniversary of the grant date.
March 4, 2024Date of transaction: acquisition of 5,510 shares of common stock and disposal of 2,735 shares.
March 6, 2024Date of signature for the Form 4 filing.

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