other material
confidence high
sentiment neutral
materiality 0.60
Enviri accelerates PSUs for CEO and NEOs as part of Clean Earth sale to Veolia
ENVIRI Corp
- CEO Grasberger receives accelerated vesting of 432,920 (2024) and 630,766 (2025) PSUs effective Dec 17, 2025.
- Other NEOs (Vadaketh, Hochman, Beswick, Kozak) also receive accelerated PSUs with specific share counts.
- Acceleration conditioned on Clawback Agreements: PSUs must be repaid if Merger Agreement terminates or executive leaves before close.
- Clawback also triggers if executive violates restrictive covenants; repayment amount reduced by taxes paid.
- Move mitigates potential Section 280G excise tax consequences for company and executives.