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Covista Inc. (CVSA) legal chief gets 4,242 and 6,060-share awards

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Covista Inc. (CVSA) reported insider equity compensation activity by Douglas G. Beck, SVP, GC, Corp. Sec & ISS. On 2026-08-23 he received two Common Stock awards of 4,242 and 6,060 shares at a reference price of $132.35 per share in payout of performance share units awarded on November 8, 2023. On the same date, a total of 5,452 shares of Common Stock were withheld at $132.35 per share to satisfy tax withholding obligations related to the vesting of previously awarded restricted stock units and performance shares. These are compensation-related grants and tax-withholding dispositions, not open-market purchases or sales.

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Insider BECK DOUGLAS G.
Role SVP, GC, Corp. Sec & ISS
Type Security Shares Price Value
Tax Withholding Common Stock F1 784 $132.35 $104K
Grant/Award Common Stock F2 4,242 $132.35 $561K
Tax Withholding Common Stock F3 1,922 $132.35 $254K
Grant/Award Common Stock F2 6,060 $132.35 $802K
Tax Withholding Common Stock F3 2,746 $132.35 $363K
Holdings After Transaction: Common Stock — 33,394 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.
Award 1 shares 4,242 shares of Common Stock Grant/award acquisition on 2026-08-23 at $132.35 per share
Award 2 shares 6,060 shares of Common Stock Grant/award acquisition on 2026-08-23 at $132.35 per share
Tax-withholding shares 5,452 shares of Common Stock Code F transactions for tax withholding at $132.35 per share
Reference price per share $132.35 per share Price used for all reported Common Stock transactions on 2026-08-23
Reporting person role SVP, GC, Corp. Sec & ISS Officer title of Douglas G. Beck at Covista Inc.
Code F transaction count 3 transactions Form 4 shows three tax-withholding dispositions 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.
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 Covista Inc. (CVSA) report for Douglas G. Beck?

Douglas G. Beck received two Common Stock awards of 4,242 and 6,060 shares on 2026-08-23. On the same date, 5,452 shares were withheld to satisfy tax withholding obligations tied to vesting restricted stock units and performance shares.

Were the Covista (CVSA) insider transactions open-market buys or sells?

No. The filing shows grant/award acquisitions of Common Stock and dispositions solely for tax withholding. The Form 4 does not report any open-market purchases or sales of Covista Inc. shares by Douglas G. Beck.

What price per share is referenced in the Covista (CVSA) Form 4 transactions?

All reported transactions reference a price of $132.35 per share for Covista Inc. Common Stock. This price is used both for the stock awards and for the shares withheld to cover related tax obligations.

How many Covista (CVSA) shares were withheld for tax obligations in this filing?

The Form 4 shows 5,452 shares of Covista Inc. Common Stock coded as F transactions, representing payment of tax liability by delivering or withholding securities upon vesting of restricted stock units and performance shares.

What kinds of equity awards did Covista (CVSA) report vesting for Douglas G. Beck?

The filing describes vesting of restricted stock units and performance share units. Common Stock was issued in payout of performance share units awarded on November 8, 2023, with additional shares withheld to satisfy related tax withholding obligations.

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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*
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)
08/23/2026
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 Stock08/23/2026F784(1)D$132.3527,760D
Common Stock08/23/2026A4,242(2)A$132.3532,002D
Common Stock08/23/2026F1,922(3)D$132.3530,080D
Common Stock08/23/2026A6,060(2)A$132.3536,140D
Common Stock08/23/2026F2,746(3)D$132.3533,394D
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. Beck08/25/2026
** 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)