STOCK TITAN

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.

(Moderate)
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Gangadharan Manjunath
Role VP, Chief Accounting Officer
Sold 1,802 shs ($247K)
Type Security Shares Price Value
Sale Common Stock F1, F2, F3 1,802 $137.18 $247K
Holdings After Transaction: Common Stock — 5,083 shares (Direct)
Footnotes (3)
  1. 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.
  2. 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.
  3. 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.
Shares sold 1,802 shares of Common Stock Open-market or private transaction on August 27, 2026
Sale price per share $137.18 per share Price for the 1,802 Covista common shares sold
Shares owned after transaction 5,083 shares of Common Stock Direct holdings of Gangadharan Manjunath after the sale
Net shares sold in filing 1,802 shares Net-sell direction from transaction summary
Rule 10b5-1 plan adoption date December 15, 2025 Adoption date of trading plan governing this sale
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Insider Sales and Ownership Policy Addendum regulatory
"in accordance with Covista's Insider Sales and Ownership Policy Addendum"
Stock Ownership and Holding Requirements regulatory
"holdings in excess of Covista's Stock Ownership and Holding Requirements"
pre-scheduled increments financial
"were executed in pre-scheduled increments under the trading plan"
hardship exception regulatory
"absent a hardship exception"

FAQ

What insider transaction did Covista Inc. (CVSA) disclose?

Covista Inc. disclosed that VP and Chief Accounting Officer Gangadharan Manjunath sold 1,802 shares of Covista common stock on August 27, 2026 at a price of $137.18 per share in an open-market or private transaction.

How many Covista (CVSA) shares does Gangadharan Manjunath hold after the sale?

After the reported sale, VP and Chief Accounting Officer Gangadharan Manjunath directly holds 5,083 shares of Covista common stock, as stated in the Form 4 following the August 27, 2026 transaction.

Was the Covista (CVSA) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected under 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.

Why were the Covista (CVSA) shares sold by Gangadharan Manjunath?

Footnotes explain that the 1,802 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 Rule 10b5-1 trading plan.

Does Covista (CVSA) allow discretionary insider trades by this officer?

The filing states that under Covista policy, no discretionary trades by the reporting person are permitted; all sales must occur pursuant to a pre-established Rule 10b5-1 trading plan, unless there is a hardship exception.

How many Covista (CVSA) shares were sold in total in this Form 4?

The Form 4 shows a single transaction in which 1,802 shares of Covista common stock were sold, with total net reported activity of 1,802 shares sold and no purchases or derivative exercises in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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).
X
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*
Gangadharan Manjunath

(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)
VP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026
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 Stock(1)08/27/2026S(2)1,802(3)D$137.185,083D
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. 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.
2. 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.
3. 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.
/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Gangadharan08/28/2026
** 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)