Covista Inc. (CVSA) officer lines up August 2026 stock sale
Rhea-AI Filing Summary
Covista Inc. (CVSA) is the issuer of common stock for which a notice of proposed sale has been filed under Rule 144 by officer Manjunath Gangadharan. The filing lists a proposed sale of 1,802 common shares through Morgan Stanley Smith Barney LLC Executive Financial Services, with an indicated value of $248,279.56 and a proposed sale date of August 27, 2026 on the NYSE. The shares are reported as having been acquired on August 23, 2026 via Performance Stock Units.
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Key Figures
Common shares proposed to be sold: 1,802 shares
Indicated value of shares: $248,279.56
Proposed sale date: 08/27/2026
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4 metrics
Common shares proposed to be sold
1,802 shares
Number of Covista Inc. common shares listed under securities information for the Rule 144 sale
Indicated value of shares
$248,279.56
Value associated with the 1,802 Covista Inc. common shares proposed for sale
Proposed sale date
08/27/2026
Date listed for the proposed sale of Covista Inc. common shares on the NYSE
Acquisition date of shares
08/23/2026
Date the common shares were reported as acquired via Performance Stock Units
Key Terms
Rule 144, Performance Stock Units
2 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Stock Units financial
"Common | 08/23/2026 | Performance Stock Units | Issuer |"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
FAQ
What does the Form 144 filing for Covista Inc. (CVSA) disclose?
It discloses that officer Manjunath Gangadharan has filed a notice of proposed sale under Rule 144 for 1,802 common shares of Covista Inc., to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.
AI-generated analysis. How Rhea-AI works. Not financial advice.