Fenice Samuel C., VP & Corporate Controller, has engaged exclusively in selling activity involving shares of Enviri Corporation (NVRI) over the past three years, with no recorded purchases. SEC Form 4 filings show 25 transactions totaling $375,088 in sales, all executed under code "F" for dispositions following the exercise of derivative securities like options. The most significant sale occurred on February 26, 2026, when Fenice sold $200,883 worth of NVRI shares, accounting for over half of the total liquidation value. Other notable dispositions include $50,266 on March 4, 2026, and $35,287 on March 11, 2026, suggesting a pattern of periodic divestment rather than a single concentrated exit.
The transactions follow a consistent rhythm, with sales clustered in early March across multiple years—a timing that often aligns with vesting schedules or tax planning. Smaller sales in 2024 and 2025, such as $7,616 on March 4, 2024, and $12,774 on March 11, 2025, preceded the larger 2026 disposals. All transactions involved NVRI, indicating Fenice’s holdings are concentrated in this single company. The absence of any buy transactions and the repeated liquidation of equity through derivative exercises point to a strategy of reducing exposure rather than accumulating shares. No recent trades have been reported since March 2026.
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