Insider Purchase: Civista Bancshares Exec Adds Shares During Equity Raise

Rhea-AI Filing Summary

Civista Bancshares, Inc. (CIVB) – Form 4 filing dated 07/15/2025

Senior Vice President Charles A. Parcher reported a single open-market purchase during the company’s underwritten public offering:

• Transaction date: 07/11/2025
• Security: Common stock
• Transaction code: P (open-market purchase)
• Volume purchased: 1,000 shares
• Purchase price: $21.25 per share (total ≈ $21,250)

Following the purchase, the executive’s disclosed holdings are:

• Direct ownership: 1,000 newly purchased shares plus 21,039.9702 previously held shares
• Indirect ownership (IRA): 2,750 shares

No derivative securities were reported. The filing clarifies that the shares were acquired as part of the issuer’s public offering that closed on 07/14/2025.

Positive

• Insider purchase during the company’s public offering indicates executive participation in new equity issuance.

Negative

• Transaction size is modest – only 1,000 shares (~$21k), limiting any substantive ownership change or market impact.

Insights

Financial Analyst

TL;DR: Small insider buy in company offering; signals alignment but immaterial to valuation.

The 1,000-share purchase (~$21k) by an executive in a concurrent public offering modestly increases insider ownership but is negligible relative to CIVB’s market capitalization and the officer’s existing 23k-share stake. Because the purchase was executed in the offering, it neither tightens float nor indicates opportunistic open-market accumulation. While insider buys are generally viewed favorably, the size limits its market impact; I classify the disclosure as informational rather than valuation-shifting.

Corporate Governance Specialist

TL;DR: Filing shows compliance and modest insider participation.

The Form 4 demonstrates timely Section 16 reporting and insider participation in the equity raise—positive from a governance perspective. However, absence of derivative activity or larger share commitment keeps the event from being materially meaningful. I view it as routine compliance with slight positive optics.

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).

1. Name and Address of Reporting Person^*

Parcher Charles A.

(Last) (First) (Middle)

3602 TURFSIDE CIRCLE

(Street)

HURON OH 44839

(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)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
07/11/2025

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	07/11/2025(1)		P		1,000	A	$21.25	1,000	D
Common								2,750	I	IRA
Common								21,039.9702	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. These shares of the issuer's common stock were purchased in an underwritten public offering by the Issuer that closed on July 14, 2025.

	/s/ Lori A. Castillo, By Power of Attorney	07/15/2025
	** 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

How many CIVB shares did Senior VP Charles A. Parcher buy?

He purchased 1,000 common shares on 07/11/2025.

What price did the insider pay for CIVB stock?

The shares were acquired at $21.25 per share.

Does Charles Parcher hold additional CIVB shares after the transaction?

Yes. He reports 21,039.9702 direct shares plus 2,750 shares held indirectly in an IRA.

Were any derivative securities involved in this Form 4 filing for CIVB?

No. The filing shows no derivative securities acquired or disposed of.

Why were the shares purchased?

The filing notes the shares were bought in the issuer’s underwritten public offering that closed on 07/14/2025.