Form 4: Enviri CFO Tom Vadaketh Executes Stock Settlement

Enviri Corporation CFO Tom Vadaketh acquired 89,829 shares following the vesting of performance share units tied to the Clean Earth division sale.

Summary

• CFO Tom Vadaketh acquired 89,829 shares of common stock on May 19, 2026, upon the vesting and settlement of performance share units (PSUs).
• The transaction included a tax withholding event where 41,250 shares were disposed of at a price of $19.18 per share.
• The vesting was triggered by the Board of Directors' approval in connection with the sale of the Clean Earth division.
• The PSUs vested at 200% of the target amount based on total shareholder return relative to the S&P 600 Industrials Index.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral-to-positive event, as it reflects the successful completion of a strategic divestiture and strong relative performance by the executive, despite the routine tax-related share disposal.

Positives

• Performance share units vested at 200% of target, indicating strong relative performance against the S&P 600 Industrials Index.
• The vesting event is directly linked to the successful divestiture of the Clean Earth division.

Negatives

• The reporting person disposed of 41,250 shares to cover tax obligations associated with the vesting event.

Risks

• Future compensation and equity incentives remain subject to market performance and specific corporate milestones.

Future Outlook

The remaining portion of the performance share units will settle in cash in accordance with the award's terms.

Management Comments

• The vesting of performance share units was approved by the Enviri Board of Directors in connection with the sale of the Clean Earth division.

Industry Context

StockSavvy.ai notes that executive equity settlements tied to divestitures are common in industrial restructuring, signaling management alignment with the successful execution of strategic asset sales.

Comparison to Industry Standards

• Vesting at 200% of target is considered an outperformance relative to standard industrial sector benchmarks.
• The use of total shareholder return (TSR) as a performance metric aligns with institutional investor preferences for executive compensation.

Stakeholder Impact

• Shareholders may view the 200% vesting as a sign of successful strategic execution regarding the Clean Earth division sale.

Next Steps

• Settlement of the remaining portion of performance share units in cash.

Key Dates

Keywords

Enviri, NVRI, Insider Trading, Form 4, CFO, Performance Share Units, Clean Earth