STOCK TITAN

Covista Inc. (CVSA) SVP Douglas Beck sells 4,526 shares via Rule 10b5-1 plan

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Covista Inc. executive Douglas G. Beck (SVP, General Counsel, Corporate Secretary & ISS) reported a sale of 4,526 shares of Covista common stock on August 7, 2026 at a weighted average price of $135.81 per share. After this transaction, he directly holds 28,544 shares. The sale was executed under a Rule 10b5-1 trading plan adopted on December 11, 2025, with trades carried out in pre-scheduled increments and prices ranging from $135.00 to $136.785 per share. Footnotes state that Covista policy does not permit discretionary trades by the reporting person, and all sales must occur pursuant to a pre-established Rule 10b5-1 plan absent a hardship exception.

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Insights

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Insider BECK DOUGLAS G.
Role SVP, GC, Corp. Sec & ISS
Sold 4,526 shs ($615K)
Type Security Shares Price Value
Sale Common Stock F1, F2, F3, F4 4,526 $135.81 $615K
Holdings After Transaction: Common Stock — 28,544 shares (Direct)
Footnotes (4)
  1. F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025 in accordance with Covista's Insider Sales and Ownership Policy Addendum.
  2. 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.
  3. 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.
  4. F4. This transaction was executed in multiple trades at prices ranging from $135.00 to $136.785. 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.
Shares sold 4,526 shares Common stock sale reported for August 7, 2026
Weighted average sale price $135.81 per share Common stock sale on August 7, 2026
Post-transaction holdings 28,544 shares Directly owned by Douglas G. Beck after the sale
Trade price range $135.00–$136.785 per share Range of prices for multiple trades comprising the reported sale
10b5-1 plan adoption date December 11, 2025 Date Beck adopted the Rule 10b5-1 trading plan used for this sale
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
weighted average sales price financial
"The price reported above reflects the weighted average sales price."
Stock Ownership and Holding Requirements regulatory
"holdings in excess of Covista's Stock Ownership and Holding Requirements"
hardship exception regulatory
"all sales must occur pursuant to a pre-established Rule 10b5-1 plan absent a hardship exception"

FAQ

What insider transaction did Covista Inc. (CVSA) report for Douglas G. Beck?

Covista Inc. reported that Douglas G. Beck sold 4,526 shares of common stock on August 7, 2026. The shares were sold at a weighted average price of $135.81 per share under a pre-established Rule 10b5-1 trading plan.

How many Covista Inc. (CVSA) shares does Douglas G. Beck hold after this sale?

After the reported sale, Douglas G. Beck directly holds 28,544 shares of Covista common stock. This figure reflects his position following the 4,526-share sale executed on August 7, 2026 under a Rule 10b5-1 plan.

At what prices were Douglas G. Beck’s Covista (CVSA) shares sold?

The reported weighted average sale price was $135.81 per share. Footnotes explain the transaction was executed in multiple trades at prices ranging from $135.00 to $136.785, all under a Rule 10b5-1 trading plan.

Was the Covista Inc. (CVSA) insider sale by Douglas G. Beck discretionary?

No. Footnotes state the sale was effected under a Rule 10b5-1 trading plan adopted on December 11, 2025, and that Covista policy does not permit discretionary trades by the reporting person absent a hardship exception.

Why did Douglas G. Beck sell Covista Inc. (CVSA) shares under the plan?

Footnotes state the shares sold represent a portion of holdings in excess of Covista’s Stock Ownership and Holding Requirements. The trades were executed in pre-scheduled increments under the Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
BECK DOUGLAS G.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, GC, Corp. Sec & ISS
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock(1)08/07/2026S(2)4,526(3)D$135.81(4)28,544D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 11, 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 $135.00 to $136.785. 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. Beck08/11/2026
** Signature of Reporting PersonDate
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)