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  4. [Form 4] Covista Inc. Insider Trading Activity

Covista (CVSA) CAO gets 2,550 shares, withholds 936 for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Covista Inc. (CVSA) reported that Gangadharan Manjunath, VP and Chief Accounting Officer, had equity compensation vest on August 23, 2026. He received 1,050 shares of common stock as payout of performance share units awarded on November 8, 2023, and 1,500 shares in connection with vested performance shares.

To cover related tax withholding obligations upon vesting of these restricted stock units and performance shares, a total of 936 common shares were disposed of through share withholding at a reference value of $132.35 per share. All transactions involve directly held common stock and are compensation-related rather than open‑market trades.

Positive

  • None.

Negative

  • None.
Insider Gangadharan Manjunath
Role VP, Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1 188 $132.35 $25K
Grant/Award Common Stock F2 1,050 $132.35 $139K
Tax Withholding Common Stock F3 308 $132.35 $41K
Grant/Award Common Stock F3 1,500 $132.35 $199K
Tax Withholding Common Stock F3 440 $132.35 $58K
Holdings After Transaction: Common Stock — 6,885 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.
Tax-withholding disposition shares 936 shares Common shares delivered or withheld to satisfy tax withholding obligations on August 23, 2026
Equity award shares acquired 2,550 shares Common stock granted/awarded on August 23, 2026 in connection with RSU and performance share vesting
Performance share unit payout 1,050 shares Common stock issued in payout of performance share units awarded on November 8, 2023
Additional performance share award shares 1,500 shares Common stock issued upon vesting of performance shares on August 23, 2026
Reference value per share $132.35 per share Value used across award and tax-withholding transactions on August 23, 2026
Number of tax-withholding transactions 3 Code F transactions for satisfaction of tax withholding obligations
Number of award transactions 2 Code A grant/award acquisitions of common stock
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.
performance shares financial
"Represents the satisfaction of tax withholding obligations upon the vesting of the performance shares awarded."
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
tax withholding obligations financial
"Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units."

FAQ

What transactions did Covista Inc. (CVSA) report for Gangadharan Manjunath on this Form 4?
Covista Inc. reported that VP and Chief Accounting Officer Gangadharan Manjunath received equity awards totaling 2,550 common shares and had 936 shares withheld to satisfy tax obligations, all on August 23, 2026, involving directly held common stock.

How many Covista (CVSA) shares did Gangadharan Manjunath acquire through awards?
He acquired 2,550 Covista common shares through equity awards: 1,050 shares issued in payout of performance share units awarded on November 8, 2023, and 1,500 shares issued upon vesting of performance shares.

How many Covista (CVSA) shares were disposed of for tax withholding for Gangadharan Manjunath?
A total of 936 Covista common shares were disposed of to satisfy tax withholding obligations upon vesting of previously awarded restricted stock units and performance shares, through three code F transactions on August 23, 2026.

Were Gangadharan Manjunath’s Covista (CVSA) Form 4 transactions open-market trades?
No. The Form 4 shows grant/award acquisitions of common stock and tax-withholding dispositions related to vesting of restricted stock units and performance shares. There is no indication of open-market purchases or sales.

What price per share is referenced in the Covista (CVSA) Form 4 transactions?
Each reported transaction references a value of $132.35 per share for Covista common stock, applied to both the equity award share issuances and the tax-withholding share dispositions on August 23, 2026.

Does the Covista (CVSA) Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes do not state that these transactions were made pursuant to a Rule 10b5-1 trading plan.

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

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Form 4 Insider Transactions: What Each Field Means →
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).
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*
Gangadharan Manjunath
(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)
VP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/23/2026		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 Stock08/23/2026F188(1)D$132.355,083D
Common Stock08/23/2026A1,050(2)A$132.356,133D
Common Stock08/23/2026F308(3)D$132.355,825D
Common Stock08/23/2026A1,500(3)A$132.357,325D
Common Stock08/23/2026F440(3)D$132.356,885D
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. 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. Gangadharan08/25/2026
** 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)

Source: View Original Filing on SEC EDGAR