Covista CEO Stephen W. Beard sells 8,306 shares
Both sales followed a Rule 10b5-1 plan adopted December 10, 2025, and involved shares above Covista’s ownership and holding requirements.
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Rhea-AI Filing Summary
Covista Inc. Chairman & CEO Stephen W. Beard sold 3,639 shares on October 8, 2026, at a weighted average price of $130.3690 per share, and 4,667 shares on October 9, 2026, at a weighted average price of $130.7690 per share. Both sales were made under a Rule 10b5-1 trading plan adopted on December 10, 2025. The reported footnotes state the shares came from holdings above Covista’s Stock Ownership and Holding Requirements and were sold in pre-scheduled increments.
Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3, F5 | 4,667 | $130.769 | $610K |
| Sale | Common Stock F1, F2, F3, F4 | 3,639 | $130.369 | $474K |
Footnotes (5)
- 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 $130.005 to $131.042. 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.
- F5. This transaction was executed in multiple trades at prices ranging from $130.01 to $131.37. 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
weighted average sales price financial
Stock Ownership and Holding Requirements technical
FAQ
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What price ranges were reported for Stephen W. Beard’s CVSA sales?
When was the Rule 10b5-1 plan for Stephen W. Beard’s CVSA sales adopted?
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