Covista director trust buys 1,200 shares
Covista Inc. lead independent director Michael W. Malafronte reported that the Michael W Malafronte 2016 Gift Trust bought 1,200 shares of common stock in an open-market purchase at a weighted average price of $97.97 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Covista Inc. lead independent director Michael W. Malafronte reported that the Michael W Malafronte 2016 Gift Trust bought 1,200 shares of common stock in an open-market purchase at a weighted average price of $97.97 per share. The trust now holds 1,200 shares indirectly, while Malafronte directly holds 101,364 shares after the reported transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,200 | $97.97 | $118K |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The reported securities are held by an irrevocable trust of which the reporting person serves as a trustee.
- F2. This transaction was executed in multiple trades at prices ranging from $97.87 to $98.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Covista Inc. (CVSA) disclose for Michael W. Malafronte?
What are Michael W. Malafronte’s direct Covista (CVSA) holdings after this Form 4 filing?
Is the Covista (CVSA) insider purchase held directly by Michael W. Malafronte or through a trust?
What does the Form 4 say about the trade pricing for the Covista (CVSA) insider transaction?
What role does Michael W. Malafronte hold at Covista Inc. (CVSA) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.