Covista (CVSA) CEO Stephen Beard sells 5,291 shares in 10b5-1 plan

Rhea-AI Filing Summary

Covista Inc. Chairman & CEO Stephen W. Beard executed an open-market sale of 5,291 common shares on July 13, 2026 at a weighted average price of $132.754 per share under a pre-established Rule 10b5-1 trading plan adopted on December 10, 2025. Trades occurred between $130.6625 and $134.02 per share and represent holdings in excess of Covista's Stock Ownership and Holding Requirements. Following the sale, he directly holds 418,742 Covista common shares.

Insider Trade Summary 10b5-1

Net Seller: 5,291 shares ($702,401)

Net Sell 1 txn

Insider Beard, Stephen W.

Role Chairman & CEO

Sold 5,291 shs ($702K)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,291	$132.754	$702K

Holdings After Transaction: Common Stock — 418,742 shares (Direct)

Footnotes (1)

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2025 in accordance with Covista's Insider Sales and Ownership Policy Addendum. 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. 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. This transaction was executed in multiple trades at prices ranging from $130.6625 to $134.02. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Key Figures

Shares sold: 5,291 shares Weighted average sale price: $132.754 per share Shares owned after sale: 418,742 shares +2 more

5 metrics

Shares sold 5,291 shares Open-market sale of Covista common stock on July 13, 2026

Weighted average sale price $132.754 per share Average price for the 5,291 common shares sold

Shares owned after sale 418,742 shares Direct Covista common stock holdings following the transaction

Trade price range $130.6625 to $134.02 per share Range of execution prices for multiple trades in the reported sale

Trading plan adoption date December 10, 2025 Date Stephen W. Beard adopted the Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 trading plan, Stock Ownership and Holding Requirements, weighted average sales price, hardship exception

4 terms

Rule 10b5-1 trading plan regulatory

"This transaction was effected pursuant to a Rule 10b5-1 trading plan"

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.

Stock Ownership and Holding Requirements regulatory

"holdings in excess of Covista's Stock Ownership and Holding Requirements"

weighted average sales price financial

"The price reported above reflects the weighted average sales price"

hardship exception regulatory

"sales must occur pursuant to a pre-established Rule 10b5-1 plan absent a hardship exception"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/15/2026 - 04:48 PM Accepted by SEC EDGAR 07/15/2026 - 04:48 PM Learn about SEC filing dates

FAQ

What did Covista (CVSA) CEO Stephen W. Beard report in this Form 4?

Stephen W. Beard reported an open-market sale of 5,291 Covista common shares on July 13, 2026 under a pre-established Rule 10b5-1 trading plan, as part of holdings exceeding the company’s Stock Ownership and Holding Requirements.

How many Covista (CVSA) shares did Stephen W. Beard sell and at what price?

He sold 5,291 Covista common shares at a weighted average price of $132.754 per share. The transaction was executed in multiple trades at prices ranging from $130.6625 to $134.02 per share.

Does the Covista (CVSA) CEO still hold shares after this reported sale?

Yes. After the reported transaction, Stephen W. Beard directly holds 418,742 shares of Covista common stock. The shares sold represented a portion of holdings exceeding Covista’s Stock Ownership and Holding Requirements policy levels.

Was the Covista (CVSA) CEO’s stock sale discretionary or under a trading plan?

The sale was executed under a pre-established Rule 10b5-1 trading plan adopted on December 10, 2025. Company policy states no discretionary trades are permitted; all sales must occur under such a plan absent a hardship exception.

When was the Rule 10b5-1 trading plan for Covista (CVSA) CEO adopted?

Stephen W. Beard’s Rule 10b5-1 trading plan, under which this sale occurred, was adopted on December 10, 2025. The plan was established in accordance with Covista’s Insider Sales and Ownership Policy Addendum.

SEC Form 4

FORM 4

UNITED 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^*

Beard, Stephen W.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	07/13/2026		S(2)		5,291(3)	D	$132.754(4)	418,742	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 10, 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.

4. This transaction was executed in multiple trades at prices ranging from $130.6625 to $134.02. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Beard	07/15/2026
	** Signature of Reporting Person	Date
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)