Gangadharan Manjunath 4
4 · Covista Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Covista (CVSA) VP Gangadharan Manjunath Sells 426 Shares
What Happened
- Gangadharan Manjunath, Vice President and Chief Accounting Officer of Covista Inc. (CVSA), had 426 shares disposed on May 18, 2026 to satisfy tax-withholding obligations tied to the vesting of previously awarded restricted stock units. The shares were recorded at $127.85 per share, totaling about $54,464. This was a withholding sale to cover taxes (routine), not an open-market cash sale for investment purposes.
Key Details
- Transaction date: 2026-05-18; filing date: 2026-05-20 (timely Form 4 filing).
- Shares disposed: 426 at $127.85; gross value ≈ $54,464.
- Transaction code: F (tax withholding upon vesting of RSUs).
- Footnote: F1 — represents satisfaction of tax withholding obligations upon vesting of previously awarded restricted stock units.
- Shares owned after transaction: not specified in the provided filing.
Context
- This was a tax-withholding disposition (common when RSUs vest) rather than a directional buy or sell expressing a view on the stock. Such transactions are routine and are used to cover payroll taxes and withholding associated with equity awards.
Insider Transaction Report
Form 4
Covista Inc.CVSA
Gangadharan Manjunath
VP, Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-05-18$127.85/sh−426$54,464→ 5,271 total
Footnotes (1)
- [F1]Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.
Signature
/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Gangadharan|2026-05-20