CEO Russell C. Hochman buys $1 million of Enviri Corp (NVRI)
Russell C. Hochman, chief executive, bought $1 million of stock. WallStPal Score 67.
Russell C. Hochman, chief executive of Enviri Corp, bought 51,519 shares on the open market on June 3, 2026 at an average of $19.43 a share, for a total of $1 million. The purchase was reported to the SEC on Form 4 on June 4, 2026.
It raised their holding by 55%, to 144,510 shares.
Enviri Corp stock was up 13.4% over the 13 weeks before the purchase.
2 other insiders also bought at least $10,000 of NVRI within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Enviri Corp insiders reported 2 open-market purchases and 0 sales.
WallStPal Score: 67 out of 100, because of raised their holding by 55%; a large purchase; 2 other insiders also bought; bought by a top executive.
What happened next: after 1 month the stock was up 13.5% (17.1 points better than the S&P 500). Based on weekly prices from the week of the purchase.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Russell C. Hochman helps run Enviri Corp. Spending $1 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all NVRI insider trades · Russell C. Hochman's track record