Trust of Covista (NASDAQ: CVSA) director buys 1,200 shares

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MALAFRONTE MICHAEL W

(Last) (First) (Middle)

233 S. WACKER DRIVE

SUITE 800

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Covista Inc. [ CVSA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Lead Independent Director

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/03/2026		P		1,200(1)	A	$97.97(2)	1,200	I	Michael W Malafronte 2016 Gift Trust
Common Stock								101,364	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported securities are held by an irrevocable trust of which the reporting person serves as a trustee.

2. 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.

	/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Malafronte	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Covista Inc. (CVSA) disclose for Michael W. Malafronte?

Covista Inc. disclosed that an irrevocable trust associated with lead independent director Michael W. Malafronte bought 1,200 shares of common stock. The transaction was an open-market purchase executed on March 3, 2026, and is reported as an indirect holding through the Michael W Malafronte 2016 Gift Trust.

How many Covista (CVSA) shares did the Malafronte 2016 Gift Trust buy, and at what price?

The Michael W Malafronte 2016 Gift Trust bought 1,200 Covista common shares. The reported weighted average transaction price was $97.97 per share, based on multiple trades executed in a price range from $97.87 to $98.00, as described in the Form 4 footnote.

What are Michael W. Malafronte’s direct Covista (CVSA) holdings after this Form 4 filing?

After the reported transactions, Michael W. Malafronte directly holds 101,364 shares of Covista common stock. This direct ownership figure is separate from the 1,200 shares held indirectly through the Michael W Malafronte 2016 Gift Trust, which is reported as an irrevocable trust interest.

Is the Covista (CVSA) insider purchase held directly by Michael W. Malafronte or through a trust?

The 1,200 Covista shares from this transaction are held indirectly through the Michael W Malafronte 2016 Gift Trust. A footnote explains the securities are held by an irrevocable trust for which Malafronte serves as trustee, distinguishing these from his directly held 101,364 shares.

What does the Form 4 say about the trade pricing for the Covista (CVSA) insider transaction?

The Form 4 notes the transaction was executed in multiple trades with prices from $97.87 to $98.00. The reported per-share price of $97.97 reflects the weighted average price, and the reporting person offers to provide full trade details upon request to specified parties.

What role does Michael W. Malafronte hold at Covista Inc. (CVSA) in this Form 4?

In this Form 4, Michael W. Malafronte is identified as a director and noted as the lead independent director of Covista Inc. His reported holdings include both direct ownership of 101,364 common shares and indirect ownership through the Michael W Malafronte 2016 Gift Trust.