Beswick Jeffrey A 4

What Happened

• Jeffrey A. Beswick, SVP & Group President, Clean Earth at Enviri (NVRI), had 8,367 restricted stock units (RSUs) convert to common shares on 2026-03-11 (reported on Form 4 filed 2026-03-13).
• Of those shares, 3,707 were surrendered/withheld to cover tax liability at $17.94 per share, totaling $66,504. The net shares delivered to Beswick were 4,660 (8,367 − 3,707).
• The conversion is recorded as an exercise/conversion of a derivative (code M) with no exercise price paid (price $0.00); the withholding is recorded under code F.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (timely filing).
• RSUs converted: 8,367 shares; shares withheld for taxes: 3,707 @ $17.94 = $66,504; net shares received: 4,660.
• Footnote: These RSUs are granted under the 2013 Equity and Incentive Compensation Plan and vest in one‑third increments on each of the first three anniversaries of the grant.
• Shares owned after the transaction: not reported in the details provided.

Context

• This was a standard RSU vesting/cashless-withholding transaction (not an open‑market purchase or sale). Withholding shares to cover taxes (code F) is routine and does not necessarily indicate a change in insider sentiment.
• Code M here reflects conversion/exercise of a derivative (vested RSUs); because the exercise price is $0.00, no cash purchase was required.