Director Malafronte adds 36,036 Covista (CVSA) shares in open-market buys

Q: How many Covista (CVSA) shares does Michael W. Malafronte hold after these trades?

After the March 10 direct purchase of 11,841 shares , Malafronte directly holds 113,205 shares . Following the March 11 trust purchase, the Michael W Malafronte 2016 Gift Trust holds 25,395 shares , reported as indirectly owned.

Q: What role does the Michael W Malafronte 2016 Gift Trust play in these Covista (CVSA) purchases?

Two of the reported purchases, totaling 24,195 shares , were made for the Michael W Malafronte 2016 Gift Trust . Footnotes explain it is an irrevocable trust where Malafronte serves as trustee, so those shares are reported as indirect ownership .

Q: Were Michael W. Malafronte’s Covista (CVSA) trades single blocks or multiple executions?

Footnotes explain each reported trade price is a weighted average from multiple executions. On March 10, trades ranged from $100.58 to $101.00 , and on March 11 from $99.51 to $102.73 , with detailed breakdowns available upon request.

Filing Impact

(Very High)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

Covista Inc. lead independent director Michael W. Malafronte reported open-market purchases of a total of 36,036 shares of Covista common stock. The trades were executed on March 10 and 11 at weighted average prices around $100.9 per share.

One purchase of 11,841 shares on March 10 was held directly, leaving 113,205 directly held shares after that trade. Two additional purchases of 15,305 and 8,890 shares were made for the Michael W Malafronte 2016 Gift Trust, an irrevocable trust for which he serves as trustee, bringing that trust’s reported holdings to 25,395 shares after the March 11 transaction.

Insider Trade Summary

Net Buyer: 36,036 shares ($3,635,414)

Net Buy 3 txns

Insider MALAFRONTE MICHAEL W

Role Director

Bought 36,036 shs ($3.64M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	8,890	$100.9382	$897K
Purchase	Common Stock	11,841	$100.8647	$1.19M
Purchase	Common Stock	15,305	$100.8647	$1.54M

Holdings After Transaction: Common Stock — 25,395 shares (Indirect, Michael W Malafronte 2016 Gift Trust); Common Stock — 113,205 shares (Direct)

Footnotes (1)

This transaction was executed in multiple trades at prices ranging from $99.51 to $102.73. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The reported securities are held by an irrevocable trust of which the reporting person serves as a trustee. This transaction was executed in multiple trades at prices ranging from $100.58 to $101.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Form 4 Insider Transactions: What Each Field Means →

03/12/2026 - 09:01 AM

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

60606

(City)

(State)

(Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/10/2026		P		11,841	A	$100.8647⁽¹⁾	113,205	D
Common Stock	03/10/2026		P		15,305⁽²⁾	A	$100.8647⁽¹⁾	16,505	I	Michael W Malafronte 2016 Gift Trust
Common Stock	03/11/2026		P		8,890⁽²⁾	A	$100.9382⁽³⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $99.51 to $102.73. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. The reported securities are held by an irrevocable trust of which the reporting person serves as a trustee.

3. This transaction was executed in multiple trades at prices ranging from $100.58 to $101.00. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Malafronte	03/12/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Covista Inc. (CVSA) report in this Form 4?

The filing shows lead independent director Michael W. Malafronte made three open-market purchases totaling 36,036 shares of Covista common stock on March 10 and 11, increasing both his direct holdings and those of an affiliated trust.

At what prices did Michael W. Malafronte buy Covista (CVSA) shares?

Malafronte’s purchases were executed in multiple trades, with weighted average prices of about $100.86 and $100.94 per share. Footnotes state individual trades ranged from $99.51 to $102.73, with full trade details available on request.

How many Covista (CVSA) shares does Michael W. Malafronte hold after these trades?

After the March 10 direct purchase of 11,841 shares, Malafronte directly holds 113,205 shares. Following the March 11 trust purchase, the Michael W Malafronte 2016 Gift Trust holds 25,395 shares, reported as indirectly owned.

What role does the Michael W Malafronte 2016 Gift Trust play in these Covista (CVSA) purchases?

Two of the reported purchases, totaling 24,195 shares, were made for the Michael W Malafronte 2016 Gift Trust. Footnotes explain it is an irrevocable trust where Malafronte serves as trustee, so those shares are reported as indirect ownership.

Were Michael W. Malafronte’s Covista (CVSA) trades single blocks or multiple executions?

Footnotes explain each reported trade price is a weighted average from multiple executions. On March 10, trades ranged from $100.58 to $101.00, and on March 11 from $99.51 to $102.73, with detailed breakdowns available upon request.