Covista (CVSA) CEO withholds 66,797 shares to cover tax bill

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

Net Buyer: 62,267 shares

Net Buy 5 txns

Insider Beard, Stephen W.

Role Chairman & CEO

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

Holdings After Transaction: Common Stock — 477,464 shares (Direct)

Footnotes (3)

1. F1. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.
2. F2. Common stock issued in payout of performance share units awarded on November 8, 2023.
3. F3. Represents the satisfaction of tax withholding obligations upon the vesting of the performance shares awarded.

Key Figures

Tax-withholding disposition F1 shares: 9,621 shares of Common Stock Award acquisition A shares (first grant): 53,144 shares of Common Stock Tax-withholding disposition F3 shares (first entry): 23,543 shares of Common Stock +5 more

8 metrics

Tax-withholding disposition F1 shares 9,621 shares of Common Stock Shares delivered or withheld to satisfy tax withholding obligations upon vesting of previously awarded restricted stock units (code F, August 23, 2026)

Award acquisition A shares (first grant) 53,144 shares of Common Stock Common stock issued in payout of performance share units awarded on November 8, 2023 (code A, August 23, 2026)

Tax-withholding disposition F3 shares (first entry) 23,543 shares of Common Stock Shares delivered or withheld to satisfy tax withholding obligations upon vesting of performance shares (code F, August 23, 2026)

Award acquisition A shares (second grant) 75,920 shares of Common Stock Additional common stock issued in payout of performance share units awarded on November 8, 2023 (code A, August 23, 2026)

Tax-withholding disposition F3 shares (second entry) 33,633 shares of Common Stock Additional shares delivered or withheld to satisfy tax withholding obligations upon vesting of performance shares (code F, August 23, 2026)

Reference transaction price per share $132.35 per share Price applied to all reported Covista common stock transactions on August 23, 2026

Total F-code tax-liability shares 66,797 shares Aggregate shares delivered or withheld for payment of tax liability (exercisePriceOrTaxLiabilityShares) across three F-code transactions

F-code transaction count 3 transactions Number of payment-of-tax-liability transactions in Covista common stock reported for August 23, 2026

Key Terms

restricted stock units, performance share units, tax withholding obligations, payment of tax liability

4 terms

restricted stock units financial

"Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance share units financial

"Common stock issued in payout of performance share units awarded on November 8, 2023."

Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.

tax withholding obligations financial

"Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units."

payment of tax liability financial

"Payment of tax liability by delivering or withholding securities"

FAQ

What insider transactions did CVSA Chairman & CEO Stephen W. Beard report on August 23, 2026?

Stephen W. Beard reported two acquisitions of Covista common stock via payouts of performance share units and three dispositions of shares delivered or withheld to satisfy tax withholding obligations upon vesting of restricted stock units and performance shares, all dated August 23, 2026.

How many Covista (CVSA) shares were used for tax withholding in Stephen Beard's Form 4?

The Form 4 reports 66,797 shares of Covista common stock coded "F" as delivered or withheld for payment of tax liability in connection with the vesting of previously awarded restricted stock units and performance shares.

What equity awards to Stephen W. Beard are disclosed for Covista (CVSA) on November 8, 2023?

The filing states that Covista common stock acquired on August 23, 2026 was issued in payout of performance share units that had been awarded on November 8, 2023, linking the August 2026 share issuances to that prior performance share grant date.

What do the code "F" transactions mean in the Covista (CVSA) Form 4 for Stephen Beard?

The "F" code transactions represent payment of tax liability by delivering or withholding Covista common stock. Footnotes explain these F-code entries as shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units and performance shares.

At what price per share were Stephen Beard’s Covista (CVSA) equity transactions valued?

Each reported transaction in Covista common stock for Stephen W. Beard on August 23, 2026 uses a reference of $132.35 per share, applied to both the award-related acquisitions and the tax-withholding dispositions.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/25/2026 - 04:16 PM Accepted by SEC EDGAR 08/25/2026 - 04:16 PM Learn about SEC filing dates

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).

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)
08/23/2026

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	08/23/2026		F		9,621(1)	D	$132.35	405,576	D
Common Stock	08/23/2026		A		53,144(2)	A	$132.35	458,720	D
Common Stock	08/23/2026		F		23,543(3)	D	$132.35	435,177	D
Common Stock	08/23/2026		A		75,920(2)	A	$132.35	511,097	D
Common Stock	08/23/2026		F		33,633(3)	D	$132.35	477,464	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. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.

2. Common stock issued in payout of performance share units awarded on November 8, 2023.

3. Represents the satisfaction of tax withholding obligations upon the vesting of the performance shares awarded.

	/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Beard	08/25/2026
	** 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)