Civista Bancshares Form 4: 500-Share Purchase, 3,339-Share Disposal Reported
Rhea-AI Filing Summary
Nathan E. Weaks, an officer of Civista Bancshares, Inc. (CIVB), reported transactions on 08/18/2025 in the company's common stock. The filing shows a purchase of 500 shares at $19.95, and the report lists 9,783 shares beneficially owned following the reported activity, held indirectly in an IRA. The form also records a disposition of 3,339 shares in the same class.
Positive
- Purchase disclosed: 500 shares acquired at $19.95 on 08/18/2025, showing transparent insider reporting
- Post-transaction ownership reported: 9,783 shares beneficially owned and disclosed
Negative
- Disposition recorded: 3,339 shares disposed (reported on the form) which reduces holdings
- Indirect ownership: Holdings are in an IRA, limiting direct control and signaling indirect beneficial ownership
Insights
TL;DR: Insider activity shows small purchase and a larger disposition, net holdings remain under 10,000 shares.
The filing documents a purchase of 500 common shares at $19.95 on 08/18/2025 and a recorded disposition of 3,339 shares. After the reported transactions the reporting person is shown as beneficially owning 9,783 shares indirectly via an IRA. The transaction sizes are modest relative to typical market-moving insider trades and appear routine.
TL;DR: Form 4 correctly discloses officer transactions; ownership is indirect via an IRA and the form is signed by POA.
The filing identifies Nathan E. Weaks as an officer and discloses the transactions on 08/18/2025. The form indicates indirect ownership through an IRA and includes a signature by power of attorney dated 08/19/2025. Disclosures follow Section 16 reporting conventions and show no additional derivative activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common | 500 | $19.95 | $10K |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |