Covista accounting chief sells 1,802 shares at $137.18
Covista Inc. (CVSA) reported that its VP and Chief Accounting Officer, Gangadharan Manjunath, sold 1,802 shares of common stock on August 27, 2026 at $137.18 per share in an open-market transaction.
Rhea-AI Filing Summary
Covista Inc. (CVSA) reported that its VP and Chief Accounting Officer, Gangadharan Manjunath, sold 1,802 shares of common stock on August 27, 2026 at $137.18 per share in an open-market transaction. Following this sale, he directly holds 5,083 shares of Covista common stock.
The sale was executed under a pre-established Rule 10b5-1 trading plan adopted on December 15, 2025. Footnotes state the shares sold represent holdings above Covista’s Stock Ownership and Holding Requirements, executed in pre-scheduled increments, and that, under company policy, discretionary trades are not permitted absent a hardship exception.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 1,802 | $137.18 | $247K |
Footnotes (3)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2025 in accordance with Covista's Insider Sales and Ownership Policy Addendum.
- F2. Shares sold represent a portion of holdings in excess of Covista's Stock Ownership and Holding Requirements and were executed in pre-scheduled increments under the trading plan.
- F3. No discretionary trades by the reporting person are permitted under Covista policy; all sales must occur pursuant to a pre-established Rule 10b5-1 trading plan absent a hardship exception.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Insider Sales and Ownership Policy Addendum regulatory
Stock Ownership and Holding Requirements regulatory
pre-scheduled increments financial
hardship exception regulatory
FAQ
What insider transaction did Covista Inc. (CVSA) disclose?
Was the Covista (CVSA) insider sale made under a Rule 10b5-1 plan?
Does Covista (CVSA) allow discretionary insider trades by this officer?
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