Civista Bancshares (CIVB) SVP receives 1,361-share stock award grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MULFORD MICHAEL D. reported acquisition or exercise transactions in this Form 4 filing.
Civista Bancshares, Inc. Senior Vice President Michael D. Mulford received a grant of 1,361 shares of common stock on March 11, 2026. The stock award, issued at no cash cost under the Civista Bancshares, Inc. 2024 Incentive Plan, increased one reported direct holding line to 2,365 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MULFORD MICHAEL D.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 1,361 | $0.00 | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 2,365 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CIVB report for Michael D. Mulford?
Civista Bancshares reported that Senior Vice President Michael D. Mulford received a grant of 1,361 shares of common stock. The shares were awarded on March 11, 2026, as part of his equity-based compensation, rather than purchased in the open market.
Was the CIVB insider transaction a purchase or a stock award?
The CIVB insider transaction was a stock award, not an open-market purchase. Michael D. Mulford received 1,361 common shares at a reported price of $0.00 per share under the company’s 2024 Incentive Plan, reflecting equity compensation rather than cash investment.
What plan was used for Michael D. Mulford’s CIVB stock grant?
The stock grant to Michael D. Mulford came from the Civista Bancshares, Inc. 2024 Incentive Plan. This plan provides equity-based awards, such as common stock grants, to executives and other participants as part of their overall compensation and long-term incentive structure.