Form 4: EVI Industries CEO Nahmad Sells Shares for Tax Obligations

EVI Industries' Chairman, CEO, and President, Henry M. Nahmad, reported the disposition of 3,058 shares of common stock to cover tax withholding obligations related to restricted stock awards.

Summary

• Henry M. Nahmad, Chairman, CEO, and President of EVI Industries, Inc., filed a Form 4 reporting a transaction on November 19, 2025.
• The transaction involved the disposition of 3,058 shares of EVI Industries common stock.
• These shares were surrendered to the issuer to satisfy tax withholding obligations related to the vesting of previously granted restricted stock awards.
• The shares were valued at $19.51 per share, which was the closing price of the issuer's common stock on the transaction date.
• Following this transaction, Mr. Nahmad directly beneficially owns 1,600,119 shares of common stock.
• Additionally, Mr. Nahmad indirectly beneficially owns 2,838,194 shares through Symmetric Capital LLC, where he is the sole manager, though he disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider transaction for tax withholding purposes, which is neutral in terms of company performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with restricted stock award programs.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or operational performance.

Key Dates

Keywords

EVI Industries, EVI, Henry M. Nahmad, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Awards, Corporate Governance