Beswick Jeffrey A 4

What Happened
Jeffrey A. Beswick, Senior Vice President & Group President, Clean Earth, received 58,674 shares on February 26, 2026 upon conversion/settlement of performance share units (reported as derivative conversions). To satisfy tax withholding, 26,288 shares were surrendered at $18.59 per share for a withholding value of $488,694. The filing also shows 29,337 shares reported as a derivative conversion/disposition (no cash consideration). The shares issued upon vesting were recorded with an acquisition price of $0.00 (award).

Key Details

• Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (timely filing).
• Line items: 58,674 shares acquired (M, $0.00); 26,288 shares disposed for tax withholding (F) at $18.59 each = $488,694; 29,337 shares reported as derivative conversion/disposition (M) at $0.00.
• Shares owned after the transactions: not specified in the excerpt of this filing.
• Footnotes: F1 — shares issued upon vesting of performance share unit awards approved Feb 18, 2026 by the Management Development & Compensation Committee; F2 — each PSU vested at 200% of target based on Enviri TSR vs. the S&P 600 Industrials Index for the performance period ending 12/31/2025.
• Transaction codes: M = exercise/conversion of derivative (conversion of PSUs); F = payment of exercise price or tax liability (share withholding).

Context
This is a routine equity award settlement and tax withholding tied to performance share units (not an open-market sale or purchase). The awards vested at 200% of target under a performance metric, producing the issued shares; the withholding disposition is a common method to cover taxes and does not necessarily signal an intent to sell additional shares on the open market.