Covista CAO awarded 2,550 shares in vesting
Covista Inc. (CVSA) reported that Gangadharan Manjunath, VP and Chief Accounting Officer, had equity compensation vest on August 23, 2026.
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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.
Insider Trade Summary
| 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 |
Footnotes (3)
- F1. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.
- F2. Common stock issued in payout of performance share units awarded on November 8, 2023.
- F3. Represents the satisfaction of tax withholding obligations upon the vesting of the performance shares awarded.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did Covista Inc. (CVSA) report for Gangadharan Manjunath on this Form 4?
Were Gangadharan Manjunath’s Covista (CVSA) Form 4 transactions open-market trades?
Does the Covista (CVSA) Form 4 indicate use of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.