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Covista Inc. (CVSA) exec uses 448 shares to satisfy RSU tax bill

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Covista Inc. executive Liles Scott, President, Medical and Vet, used company shares to cover taxes on vested equity. On April 15, 2026, 448 shares of Common Stock were withheld at $112.49 per share to satisfy tax obligations tied to previously awarded restricted stock units. After this non-market, tax-withholding disposition, Scott directly holds 13,103 shares of Covista common stock.

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Insider Liles Scott
Role President, Medical and Vet
Type Security Shares Price Value
Tax Withholding Common Stock 448 $112.49 $50K
Holdings After Transaction: Common Stock — 13,103 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares used for tax withholding 448 shares Common Stock delivered to satisfy tax obligations on RSU vesting
Transaction price per share $112.49 per share Value applied to 448 shares used for tax withholding
Shares held after transaction 13,103 shares Direct Covista Common Stock ownership by Liles Scott following disposition
restricted stock units financial
"upon the vesting of previously awarded restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents the satisfaction of tax withholding obligations upon the vesting"
Form 4 regulatory
"INSIDER FILING DATA (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.
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Liles Scott

(Last)(First)(Middle)
233 S. WACKER DRIVE
SUITE 800

(Street)
CHICAGO ILLINOIS 60606

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Covista Inc. [ CVSA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Medical and Vet
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026F448(1)D$112.4913,103D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.
/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Liles04/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Covista Inc. executive Liles Scott report on this Form 4 for CVSA?

Liles Scott reported that 448 shares of Covista Inc. Common Stock were disposed of to satisfy tax withholding obligations. These shares related to the vesting of previously awarded restricted stock units, and the transaction reflects a tax payment mechanism rather than an open-market trade.

Was the Covista Inc. (CVSA) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The 448 shares were delivered to satisfy tax obligations when restricted stock units vested, so the transaction does not represent a discretionary buy or sell decision in the market by Liles Scott.

How many Covista Inc. shares did Liles Scott use to cover taxes?

Liles Scott used 448 shares of Covista Inc. Common Stock to cover tax withholding obligations. The shares were valued at $112.49 per share in the transaction, reflecting the satisfaction of taxes due upon the vesting of previously granted restricted stock units.

What are Liles Scott’s Covista Inc. holdings after this Form 4 event?

Following the tax-withholding disposition, Liles Scott directly holds 13,103 shares of Covista Inc. Common Stock. This figure reflects his remaining direct ownership after 448 shares were delivered to satisfy tax obligations associated with the vesting of restricted stock units.

What does transaction code “F” mean in this Covista Form 4 filing?

Transaction code “F” indicates payment of tax liability or exercise price by delivering securities. In this Covista filing, 448 shares were used to satisfy tax withholding obligations when previously granted restricted stock units vested, rather than being sold on the open market.