NVRI Enviri II Corp
Price Chart
Executive Summary
Two insiders at Enviri II Corp (NVRI) made open-market purchases totaling $1.25M on June 3, 2026, three days after the company filed an 8-K adopting amended bylaws (effective May 29). The CEO bought $1.0M worth of stock at $19.43 and a director bought $253K at $18.10. The purchases follow a large non-cash disposition event on June 1 where multiple executives and directors surrendered shares to the issuer (likely tax withholding or equity restructuring). The cluster is small relative to the $1.5B market cap (~0.08%), but the CEO's personal $1M buy is a notable signal of confidence.
Key Financial Metrics
Actionable Insight
The CEO's $1M open-market purchase is a strong signal of confidence, especially coming just after a corporate governance filing (bylaw amendment). While the dollar amount is modest relative to market cap, the CEO's personal investment at a price near $19.43 suggests he sees upside. Monitor for any upcoming earnings or strategic announcements that may have motivated the purchase. The cluster is small but directionally bullish.
Key Facts
- CEO Russell Hochman purchased 51,519 shares for $1.0M at $19.43 on June 3
- Director Edgar Purvis purchased 14,000 shares for $253K at $18.10 on June 3
- Total open-market purchases: $1.25M (0.08% of $1.5B market cap)
- Filing occurred 3 days after an 8-K adopting amended bylaws (effective May 29, 2026)
- On June 1, multiple insiders disposed of shares to the issuer at $0 (non-cash, likely tax withholding or equity restructuring)
- Prior 30-day insider activity: 2 buys totaling $1.3M (consistent pattern)
- Analyst consensus: 67% bullish (6 Buy/Strong Buy, 3 Hold)
Financial Impact
CEO purchased $1.0M of stock at $19.43; total cluster $1.25M at ~0.08% of market cap
Risk Factors
- Insider purchases are small relative to market cap (0.08%) and may not move the stock
- The bylaw amendment could be routine governance and unrelated to the purchases
- Historical calibration shows score-6 filings on NVRI have only 32% observed up-move probability at T+20
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NVRI-1780579728473 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
today
|
EFFECT
| — | awaiting T+5 | — | — |
|
Jun 4, 2026
1d ago
|
Insider Cluster
| $17.81 awaiting T+5 | awaiting T+5 | — | $19.46 (+9.26%) |
|
Jun 1, 2026
3d ago
|
8-K
| — | awaiting T+5 | — | — |
|
May 11, 2026
24d ago
|
Press Release
| $19.67 $19.33 | ▼ −1.73% | ▼ −1.81% | $19.46 (−1.07%) |
|
May 4, 2026
4w ago
|
Press Release
| $19.39 $19.67 | ▲ +1.44% | ▼ −0.54% | $19.46 (+0.36%) |
|
Apr 27, 2026
5w ago
|
8-K
| $19.44 $19.16 | ▼ −1.44% | ▼ −3.13% | $19.46 (+0.10%) |
|
Mar 25, 2026
10w ago
|
PREM14A
| $18.79 $19.73 | ▲ +5.00% | ▲ +5.25% | $19.46 (+3.57%) |
|
Mar 20, 2026
10w ago
|
DEFA14A
| $18.44 $18.85 | ▲ +2.22% | ▲ +5.79% | $19.46 (+5.53%) |
|
Mar 20, 2026
11w ago
|
Press Release
| $18.08 $18.83 | ▲ +4.15% | ▲ +6.30% | $19.46 (+7.63%) |
|
Feb 25, 2026
14w ago
|
DEFA14A
| $17.85 $18.16 | ▲ +1.74% | ▲ +2.84% | $19.46 (+9.02%) |
US Market Status
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