Kozak Jennifer Ott 4

What Happened

• Jennifer Ott Kozak, Senior Vice President & CHRO of ENVIRI Corp (NVRI), had 7,222 restricted stock units (RSUs) convert into common shares on March 11, 2026. The conversion (derivative exercise) carried an exercise price of $0.00.
• To satisfy tax withholding, 3,317 of those shares were surrendered/disposed at an effective per‑share value of $17.94, totaling $59,507. The net shares delivered to Kozak were 3,905 (7,222 converted minus 3,317 withheld).
• This is a routine vesting/withholding transaction (award conversion with tax withholding), not an open‑market sale or purchase.

Key Details

• Transaction date: March 11, 2026; Filing date (Form 4): March 13, 2026 (filed promptly).
• Conversion: 7,222 RSUs -> 7,222 shares (code M, exercise/conversion) at $0.00.
• Tax withholding: 3,317 shares withheld/disposed (code F) at $17.94/share = $59,507.
• Net shares retained: 3,905 shares (7,222 − 3,317).
• Footnote: These were restricted stock units granted under the 2013 Equity and Incentive Compensation Plan; RSUs convert to one-for-one shares when they vest and generally vest in one‑third increments over three years.
• Shares owned after the transaction are not listed in this filing.

Context

• This was a vesting of previously granted RSUs with shares withheld to cover tax obligations (a common, routine corporate action). The conversion itself is not an open‑market buy or sell and does not necessarily indicate a change in insider sentiment.
• Transaction codes: M = option/derivative exercise or conversion (here, RSU conversion); F = payment of exercise price or tax withholding (shares surrendered to pay taxes).