BECK DOUGLAS G. 4

What Happened
Douglas G. Beck, Senior Vice President, General Counsel, Corporate Secretary & ISS at Covista, reported the sale of 9,615 shares on 2026-05-08. The weighted average sale price was $127.03, for total proceeds of approximately $1,221,381. The transactions were executed as sales (dispositions), not purchases.

Key Details

• Transaction date: 2026-05-08; Form 4 filed: 2026-05-12 (filed within two business days).
• Price(s): weighted average $127.03; individual trades ranged from $125.00 to $128.20 (executed in multiple trades).
• Shares sold: 9,615; total reported proceeds ≈ $1,221,381.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: sale effected under a Rule 10b5-1 trading plan adopted Dec 11, 2025 (pre-scheduled increments); shares sold represented holdings in excess of Covista’s Stock Ownership and Holding Requirements; Covista policy prohibits discretionary insider trades absent a hardship exception. The reporting person will provide trade-level details upon request per the filing.

Context
This was a routine insider sale executed under a pre-established 10b5-1 plan (pre-scheduled trades), which generally suggests the trades were planned in advance rather than timed based on material nonpublic information. Sales reduce insider holdings but, by themselves, are not a clear signal about company performance.