Reitemeier Christophe 4

What Happened

• Christophe Reitemeier, President (Harsco Environmental) at ENVIRI Corp (NVRI), converted 4,203 restricted stock units (RSUs) into common shares on March 11, 2026. The RSU conversion is reported as an exercise/conversion of a derivative (code M) with an acquisition of 4,203 shares at $0.00 (vested RSUs).
• To satisfy tax withholding (code F), 1,976 of those shares were withheld/disposed at $17.94 per share, totaling $35,449. After withholding, Reitemeier received a net 2,227 shares.

Key Details

• Transaction date: 2026-03-11; Form filed: 2026-03-13 (timely filing).
• Items reported: M = exercise/conversion of derivative (4,203 shares acquired); F = tax withholding/settlement (1,976 shares disposed) at $17.94 per share, $35,449 total.
• Net shares issued to insider: 2,227 (4,203 acquired minus 1,976 withheld).
• Shares owned after transaction: not specified in the filing.
• Footnote: These were restricted stock units granted under the 2013 Equity and Incentive Compensation Plan; RSUs convert to common stock on a one-for-one basis as they vest (vest in three annual installments per grant).

Context

• This was a standard RSU vesting and tax-withholding event, not an open-market purchase or sale by the insider. The $0.00 per-share acquisition reflects conversion of RSUs rather than a cash purchase. Tax-withholding via share surrender is routine and does not necessarily indicate a change in insider sentiment.