Covista (NASDAQ: CVSA) grants Betz 12,444 shares, withholds 6,558 for taxes

Rhea-AI Filing Summary

Covista Inc. (CVSA) reported insider equity activity for officer Michael Betz (Pres. Walden University & CDO). On 2026-08-23 he received 7,320 and 5,124 shares of common stock as payouts of performance share units awarded on November 8, 2023, at a reference price of $132.35 per share. On the same date, 945, 3,302, and 2,311 shares were withheld to satisfy tax withholding obligations upon vesting of restricted stock units and performance shares.

Insider Trade Summary

Net Buyer: 5,886 shares

Net Buy 5 txns

Insider Betz Michael

Role Pres. Walden University & CDO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	945	$132.35	$125K
Grant/Award	Common Stock F2	7,320	$132.35	$969K
Tax Withholding	Common Stock F3	3,302	$132.35	$437K
Grant/Award	Common Stock F2	5,124	$132.35	$678K
Tax Withholding	Common Stock F3	2,311	$132.35	$306K

Holdings After Transaction: Common Stock — 39,172 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

Shares granted (award 1): 7,320 shares of Common Stock Shares granted (award 2): 5,124 shares of Common Stock Shares withheld for taxes (RSUs): 945 shares of Common Stock +5 more

8 metrics

Shares granted (award 1) 7,320 shares of Common Stock Grant/award acquisition on 2026-08-23 at $132.35 per share

Shares granted (award 2) 5,124 shares of Common Stock Grant/award acquisition on 2026-08-23 at $132.35 per share

Shares withheld for taxes (RSUs) 945 shares of Common Stock Withheld on 2026-08-23 to satisfy tax withholding on vesting of RSUs

Shares withheld for taxes (performance shares 1) 3,302 shares of Common Stock Withheld on 2026-08-23 to satisfy tax withholding on vesting of performance shares

Shares withheld for taxes (performance shares 2) 2,311 shares of Common Stock Withheld on 2026-08-23 to satisfy tax withholding on vesting of performance shares

Reference price per share $132.35 per share Reported transaction price for all listed common stock transactions on 2026-08-23

Total shares withheld for taxes 6,558 shares of Common Stock Aggregate of all code F tax-withholding dispositions reported in this Form 4

Total shares granted 12,444 shares of Common Stock Sum of both grant/award acquisitions on 2026-08-23

Key Terms

restricted stock units, performance share units, tax withholding obligations

3 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."

FAQ

What insider transactions did CVSA officer Michael Betz report on August 23, 2026?

Michael Betz reported equity awards and tax-related withholdings in Covista Inc. (CVSA) common stock on 2026-08-23, including grants of 7,320 and 5,124 shares and tax-withholding dispositions of 945, 3,302, and 2,311 shares, all at a reference price of $132.35 per share.

Were the CVSA Form 4 transactions open-market buys or sells?

The CVSA Form 4 for Michael Betz reports grants/awards of common stock and share withholdings to satisfy tax obligations upon vesting. It does not report any open-market purchases or sales; the dispositions are for tax withholding, not trading activity.

How many Covista Inc. (CVSA) shares were granted to Michael Betz?

On 2026-08-23, Michael Betz received 7,320 and 5,124 CVSA common shares, in total 12,444 shares, issued in payout of performance share units that were originally awarded on November 8, 2023.

How many CVSA shares were withheld for taxes in the reported transactions?

The Form 4 shows that 945, 3,302, and 2,311 Covista Inc. (CVSA) shares, totaling 6,558 shares, were withheld to satisfy tax withholding obligations upon vesting of previously awarded restricted stock units and performance shares.

What role does Michael Betz hold at Covista Inc. (CVSA)?

Michael Betz is reported as an officer of Covista Inc. (CVSA) with the title Pres. Walden University & CDO, and the reported transactions involve his direct ownership of CVSA common stock.

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/25/2026 - 04:33 PM Accepted by SEC EDGAR 08/25/2026 - 04:32 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^*

Betz Michael

(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)
	Pres. Walden University & CDO

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		945(1)	D	$132.35	32,341	D
Common Stock	08/23/2026		A		7,320(2)	A	$132.35	39,661	D
Common Stock	08/23/2026		F		3,302(3)	D	$132.35	36,359	D
Common Stock	08/23/2026		A		5,124(2)	A	$132.35	41,483	D
Common Stock	08/23/2026		F		2,311(3)	D	$132.35	39,172	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. Betz	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)