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Civista Bancshares (CIVB) CFO granted 2,313 common shares under 2024 plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Whinnem Ian reported acquisition or exercise transactions in this Form 4 filing.

Civista Bancshares reported that its Senior Vice President and Chief Financial Officer, Ian Whinnem, received a stock award of 2,313 shares of common stock. The award was granted at no cash cost to him under the Civista Bancshares, Inc. 2024 Incentive Plan.

Following this grant, Whinnem directly holds a total of 6,067 shares of Civista Bancshares common stock. The filing also includes an updated holdings entry reflecting this new post-award ownership level.

Positive

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Negative

  • None.
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*
Whinnem Ian

(Last) (First) (Middle)
2631 PIEDMONT COURT

(Street)
WESTLAKE OH 44145

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CIVISTA BANCSHARES, INC. [ CIVB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP/CFO
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
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 03/11/2026 A(1) 2,313 A $0 6,067 D
Common 6,067 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. Stock award granted from Civista Bancshares, Inc. 2024 Incentive Plan
/s/ Lori A. Castillo, By Power of Attorney 03/13/2026
** 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.

FAQ

What insider transaction did Civista Bancshares (CIVB) report for Ian Whinnem?

Civista Bancshares reported that SVP/CFO Ian Whinnem received a stock award of 2,313 common shares. The grant was recorded as an acquisition at no cash cost, reflecting equity-based compensation rather than an open-market purchase of shares.

How many Civista Bancshares (CIVB) shares does Ian Whinnem hold after this grant?

After the 2,313-share stock award, Ian Whinnem directly holds 6,067 shares of Civista Bancshares common stock. This total reflects his updated ownership position as shown in the holdings line included with the same insider transaction report.

What type of transaction is shown in the Civista Bancshares (CIVB) Form 4?

The Form 4 shows a grant or award acquisition coded as “A,” representing 2,313 common shares. This is equity compensation, not an open-market buy or sell, and it increased the CFO’s direct ownership stake in Civista Bancshares.

Was cash paid for the Civista Bancshares (CIVB) shares granted to Ian Whinnem?

No cash was paid for this award, as the reported price per share is 0.0000. The 2,313 common shares were granted as a stock award under the company’s 2024 Incentive Plan, indicating compensation rather than a market purchase.

Which incentive plan was used for the Civista Bancshares (CIVB) stock award to the CFO?

The stock award to CFO Ian Whinnem was granted under the Civista Bancshares, Inc. 2024 Incentive Plan. A footnote specifies this plan as the source of the 2,313-share award, confirming the grant as part of the company’s equity compensation program.
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