Covista CEO sells 5,291 shares under trading plan
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.
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.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3, F4 | 5,291 | $132.754 | $702K |
Footnotes (4)
- F1. 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.
- 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.
- F4. 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
Key Terms
Rule 10b5-1 trading plan regulatory
Stock Ownership and Holding Requirements regulatory
weighted average sales price financial
hardship exception regulatory
FAQ
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