Covista director gifts 2,500 shares to charity

Covista Inc. (CVSA) director Michael W. Malafronte reported a bona fide gift of 2,500 shares of Covista common stock on 2026-08-31 to a 501(c)(3) educational charitable institution.

Rhea-AI Filing Summary

Covista Inc. (CVSA) director Michael W. Malafronte reported a bona fide gift of 2,500 shares of Covista common stock on 2026-08-31 to a 501(c)(3) educational charitable institution. After this gift, he directly holds 110,705 shares and indirectly holds 25,395 shares through the Michael W Malafronte 2016 Gift Trust.

Insider Trade Summary

2,500 shares gifted

Gift 2 txns

Insider MALAFRONTE MICHAEL W

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock F1	2,500	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 110,705 shares (Direct); Common Stock — 25,395 shares (Indirect, Michael W Malafronte 2016 Gift Trust)

Footnotes (1)

1. F1. This reported transaction was a gift from Mr. Malafronte to a 501(c)(3) educational charitable institution.

Key Figures

Shares gifted: 2,500 shares of Common Stock Transaction price per share: $0.00 per share Direct holdings after transaction: 110,705 shares of Common Stock +3 more

6 metrics

Shares gifted 2,500 shares of Common Stock Bona fide gift on 2026-08-31 to a 501(c)(3) educational charitable institution

Transaction price per share $0.00 per share Reported price for the 2,500-share bona fide gift

Direct holdings after transaction 110,705 shares of Common Stock Direct ownership by Michael W. Malafronte following the 2,500-share gift

Indirect holdings after transaction 25,395 shares of Common Stock Indirect ownership through the Michael W Malafronte 2016 Gift Trust

Gift transactions count 1 gift transaction Form 4 transaction summary for 2026-08-31

Gifted shares total 2,500 shares Total shares reported as gifted in this Form 4

Key Terms

bona fide gift, 501(c)(3) educational charitable institution, indirect ownership

3 terms

bona fide gift financial

"transaction code G described as a bona fide gift"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

501(c)(3) educational charitable institution regulatory

"a gift from Mr. Malafronte to a 501(c)(3) educational charitable institution"

indirect ownership financial

"Indirect ownership through the Michael W Malafronte 2016 Gift Trust"

FAQ

What insider transaction did CVSA director Michael Malafronte report?

Michael W. Malafronte reported a bona fide gift of 2,500 shares of Covista Inc. common stock on 2026-08-31. The shares were transferred at a reported price of $0.00 per share as a charitable gift.

Who received the gifted Covista Inc. (CVSA) shares from Michael Malafronte?

The 2,500 CVSA shares were gifted by Michael W. Malafronte to a 501(c)(3) educational charitable institution, according to the Form 4 footnote.

How many Covista Inc. (CVSA) shares does Michael Malafronte own directly after the gift?

After the reported gift, Michael W. Malafronte directly owns 110,705 shares of Covista Inc. common stock, as disclosed in the Form 4 filing.

What are Michael Malafronte’s indirect holdings of Covista Inc. (CVSA) shares?

Michael W. Malafronte has indirect ownership of 25,395 shares of Covista Inc. common stock, held through the Michael W Malafronte 2016 Gift Trust.

Was the Covista Inc. (CVSA) share transfer by Michael Malafronte a sale?

No. The Form 4 reports the transaction with code G, described as a bona fide gift of 2,500 shares to a 501(c)(3) educational charitable institution, not an open-market sale.

What is Michael Malafronte’s role at Covista Inc. (CVSA)?

Michael W. Malafronte is reported as a director of Covista Inc. and identified as the company’s Lead Independent Director in the Form 4.

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Available on EDGAR 09/01/2026 - 04:18 PM Accepted by SEC EDGAR 09/01/2026 - 04:17 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^*

MALAFRONTE MICHAEL 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)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Lead Independent Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026

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	08/31/2026		G		2,500(1)	D	$0	110,705	D
Common Stock								25,395	I	Michael W Malafronte 2016 Gift Trust

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. This reported transaction was a gift from Mr. Malafronte to a 501(c)(3) educational charitable institution.

	/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Malafronte	09/01/2026
	** 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)