Covista CEO gets stock awards, withholds 66K shares for tax
Covista Inc. (CVSA) reported Form 4 transactions by Chairman & CEO Stephen W. Beard involving equity awards and related tax withholding in Covista common stock on August 23, 2026.
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Rhea-AI Filing Summary
Covista Inc. (CVSA) reported Form 4 transactions by Chairman & CEO Stephen W. Beard involving equity awards and related tax withholding in Covista common stock on August 23, 2026. Beard received two acquisitions coded "A" totaling grants of common stock issued in payout of performance share units that had been awarded on November 8, 2023, at a reference price of $132.35 per share. Three dispositions coded "F" reflect shares delivered or withheld to satisfy tax withholding obligations upon the vesting of previously awarded restricted stock units and of the performance shares, also valued at $132.35 per share. All transactions are recorded as direct holdings, and the filing describes the F-code entries as payments of tax liability by delivering or withholding securities.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 9,621 | $132.35 | $1.27M |
| Grant/Award | Common Stock F2 | 53,144 | $132.35 | $7.03M |
| Tax Withholding | Common Stock F3 | 23,543 | $132.35 | $3.12M |
| Grant/Award | Common Stock F2 | 75,920 | $132.35 | $10.05M |
| Tax Withholding | Common Stock F3 | 33,633 | $132.35 | $4.45M |
Footnotes (3)
- F1. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.
- F2. Common stock issued in payout of performance share units awarded on November 8, 2023.
- F3. Represents the satisfaction of tax withholding obligations upon the vesting of the performance shares awarded.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
payment of tax liability financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CVSA Chairman & CEO Stephen W. Beard report on August 23, 2026?
What equity awards to Stephen W. Beard are disclosed for Covista (CVSA) on November 8, 2023?
What do the code "F" transactions mean in the Covista (CVSA) Form 4 for Stephen Beard?
AI-generated analysis. How Rhea-AI works. Not financial advice.