Civista Bancshares (CIVB) insider granted 1,210-share stock award
Rhea-AI Filing Summary
WURM GERALD B reported acquisition or exercise transactions in this Form 4 filing.
Civista Bancshares, Inc. insider Gerald B. Wurm reported several updates to his holdings in company common stock. The main change was a grant of 1,210 shares on June 8, 2026, recorded as a stock award from the Civista Bancshares, Inc. 2024 Incentive Plan.
After this grant, Wurm’s direct ownership increased to 4,112 common shares. The filing also shows multiple indirect holdings through trusts, including positions attributed to the Mary L. Wurm Trust, another trust, and a Grandson #1 Trust, with some changes tied to the company’s dividend reinvestment feature and other trust-related transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,326.921 shares
Net Buy
6 txns
Insider
WURM GERALD B
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 1,210 | $0.00 | $0.00 |
| holding | Common | -- | -- | -- |
| Other | Common | 728.99 | $0.00 | $0.00 |
| Other | Common | 298.916 | $0.00 | $0.00 |
| Other | Common | 772.328 | $0.00 | $0.00 |
| Other | Common | 316.687 | $0.00 | $0.00 |
Holdings After Transaction:
Common — 103,412.476 shares (Indirect, Trust);
Common — 42,403.416 shares (Indirect, Mary L. Wurm Trust);
Common — 4,112 shares (Direct);
Common — 1,275 shares (Indirect, Grandson #1 Trust)
Footnotes (2)
- F1. Common shares acquired by company dividend reinvestment feature.
- F2. Stock award granted from Civista Bancshares, Inc. 2024 Incentive Plan
Key Figures
Stock award shares: 1,210 shares
Direct holdings after award: 4,112 shares
Mary L. Wurm Trust holdings: 42,403.4160 shares
+3 more
6 metrics
Stock award shares
1,210 shares
Grant of common stock on June 8, 2026 (code A)
Direct holdings after award
4,112 shares
Total common shares directly owned after June 8, 2026 grant
Mary L. Wurm Trust holdings
42,403.4160 shares
Indirect common shares after February 24, 2026 transaction
Trust holdings (other trust)
103,412.4760 shares
Indirect common shares after May 19, 2026 transaction
Grandson #1 Trust holdings
1,275 shares
Indirect common shares as of June 8, 2026 holding entry
Restructuring shares
2,116.921 shares
Total shares in J-code restructuring-type transactions
Key Terms
Grant, award, or other acquisition, Civista Bancshares, Inc. 2024 Incentive Plan, dividend reinvestment feature, indirect ownership, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
dividend reinvestment feature financial
"Footnote: Common shares acquired by company dividend reinvestment feature"
indirect ownership financial
"Indirect holdings listed with nature_of_ownership as various trusts"
Form 4 regulatory
"Insider transaction report filed on SEC Form 4"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Gerald B. Wurm report in this Form 4 for CIVB?
Gerald B. Wurm reported a new stock award and updates to trust holdings. He received 1,210 Civista Bancshares common shares as a grant, and his direct ownership rose to 4,112 shares, alongside several trust-related adjustments in indirect holdings.
What do the J-coded transactions mean in Gerald B. Wurm’s CIVB filing?
J-coded transactions are labeled as other acquisitions or dispositions. In this Form 4, they relate to indirect trust holdings and are categorized as restructuring-type moves, not open-market buys or sells, and involve relatively small share amounts in the trusts.