---
schema_version: "secwatch.filing_event.v1"
accession: "0000045876-24-000077"
form_type: "8-K"
ticker: "NVRI"
cik: "0000045876"
company_name: "ENVIRI Corp"
filed_at: "2024-12-23T23:59:59+00:00"
generated_at: "2026-05-28T23:55:35.664323+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Enviri amends change-in-control severance agreements; CEO gets 3x multiple

## Summary
- CEO Grasberger receives 3x base salary + target incentive upon qualifying termination after change in control; three other executives receive 2x.
- New provision accelerates vesting of unvested equity awards if termination follows a 'Material Divestment' (sale causing ≥33% EBITDA drop).
- Agreements cover four named executives: Grasberger, Vadaketh (CFO), Kozak (CHRO), Hochman (GC).
- Automatic three-year term with annual renewal; protection period extends two years after change in control.

## SEC filing metadata
- accession: 0000045876-24-000077
- form_type: 8-K
- ticker: NVRI
- cik: 0000045876
- company_name: ENVIRI Corp
- filed_at: 2024-12-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/45876/000004587624000077/0000045876-24-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/45876/000004587624000077/hsc-20241220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000045876-24-000077
- JSON: https://secwatch.observer/filing/0000045876-24-000077.json
- Plain text: https://secwatch.observer/filing/0000045876-24-000077.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.