Form 4: ENVIRI Corp Executive Samuel C. Fenice Reports Stock Transactions

VP & Corporate Controller Samuel C. Fenice reports transactions involving ENVIRI Corp common stock and restricted stock units.

Summary

• On March 1, 2024, Samuel C. Fenice, VP & Corporate Controller of ENVIRI Corp, reported transactions involving the company's common stock.
• Fenice disposed of 1,223 shares of common stock to cover the vesting of restricted stock units.
• Additionally, 606 shares were disposed of at a price of $8.26.
• Following these transactions, Fenice directly owns 22,095 shares of common stock and indirectly owns 559 shares through a managed account.
• Fenice also holds 15,027 restricted stock units, which vest in one-third increments on each of the first three anniversaries of the grant date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership.
• Employees holding similar stock units may be interested in the vesting schedule and implications.

Key Dates