Covista (CVSA) VP uses 426 shares to cover RSU tax withholding

Rhea-AI Filing Summary

Covista Inc. VP and Chief Accounting Officer Gangadharan Manjunath reported a routine tax-withholding transaction. On the vesting of previously awarded restricted stock units, 426 shares of common stock were used to satisfy tax withholding obligations at an indicated value of $127.85 per share. After this non-market disposition, he continues to hold 5,271 shares of Covista common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gangadharan Manjunath

Role VP, Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	426	$127.85	$54K

Holdings After Transaction: Common Stock — 5,271 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares used for tax withholding: 426 shares Indicated share value: $127.85 per share Shares held after transaction: 5,271 shares

3 metrics

Shares used for tax withholding 426 shares Common stock withheld for RSU tax obligations

Indicated share value $127.85 per share Value used for the 426-share tax-withholding transaction

Shares held after transaction 5,271 shares Direct Covista common stock holdings post-transaction

Key Terms

restricted stock units, tax withholding obligations, Form 4

3 terms

restricted stock units financial

"upon the vesting of previously awarded restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"Represents the satisfaction of tax withholding obligations upon the vesting"

Form 4 regulatory

"This compensation-related Form 4 transaction reflects tax withholding"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Gangadharan Manjunath

(Last) (First) (Middle)

233 S. WACKER DRIVE

SUITE 800

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

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

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

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

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	05/18/2026		F		426(1)	D	$127.85	5,271	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. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.

	/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Gangadharan	05/20/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Covista (CVSA) report for Gangadharan Manjunath?

Covista reported that VP and Chief Accounting Officer Gangadharan Manjunath used 426 shares of common stock to satisfy tax withholding obligations tied to vesting restricted stock units, rather than executing an open-market sale. This is a routine compensation-related Form 4 transaction.

Was the Covista (CVSA) Form 4 transaction an open-market sale of shares?

No. The Form 4 shows a tax-withholding disposition coded “F,” meaning 426 shares were withheld to cover tax obligations when restricted stock units vested. It does not reflect a discretionary open-market sale by the executive.

How many Covista (CVSA) shares did Gangadharan Manjunath use for tax withholding?

He used 426 shares of Covista common stock to cover tax withholding obligations. The transaction price listed was $127.85 per share, providing the fair market value reference for the withheld shares tied to the restricted stock unit vesting.

How many Covista (CVSA) shares does Gangadharan Manjunath hold after this Form 4 transaction?

After the tax-withholding disposition, Gangadharan Manjunath directly holds 5,271 shares of Covista common stock. This post-transaction balance is disclosed in the Form 4 and shows his continuing equity stake following the routine compensation-related event.

What does transaction code “F” mean in the Covista (CVSA) Form 4 filing?

Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. Here, 426 shares were withheld to satisfy tax obligations upon vesting of restricted stock units, rather than being sold in the open market for cash proceeds.