BECK DOUGLAS G. 4

What Happened

• Douglas G. Beck, Covista's Senior Vice President, General Counsel, Corporate Secretary & ISS, sold a total of 5,089 shares in two open-market transactions. On 2026-07-07 he sold 2,650 shares at a weighted average price of $135.40 for proceeds of $358,818; on 2026-07-08 he sold 2,439 shares at a weighted average price of $135.34 for proceeds of $330,092. Total proceeds across both sales were approximately $688,910. These were sales (routine dispositions) rather than purchases.

Key Details

• Transaction dates and reported weighted-average prices:
  • 2026-07-07: 2,650 shares sold @ $135.40 (total $358,818). Price range reported: $135.00–$135.63.
  • 2026-07-08: 2,439 shares sold @ $135.34 (total $330,092). Price range reported: $135.00–$135.56.
• Combined shares sold: 5,089; combined proceeds: ~$688,910.
• Filing date (Form 4): July 9, 2026 (reporting period begins 2026-07-07). The provided excerpt does not indicate a late-filing flag.
• Footnotes of note:
  • Sales were executed under a pre-established Rule 10b5-1 trading plan adopted by Mr. Beck on December 11, 2025 (F1).
  • Shares sold represented amounts in excess of Covista's stock ownership/holding requirements and were executed in pre-scheduled increments (F2).
  • Covista policy prohibits discretionary trades by the reporting person; sales must occur under a 10b5-1 plan absent hardship (F3).
  • Each reported transaction was executed in multiple trades; the filing gives weighted-average prices and discloses the ranges (F4, F5). The reporting person will provide detailed per-trade prices/counts upon request.

Context

• These transactions are sales under a 10b5-1 plan, which is a pre-arranged method for insiders to sell shares at scheduled times; such sales are generally considered routine and do not by themselves indicate management sentiment. No purchase, option exercise, gift, or award activity is reported in this filing. Shares owned after the transactions are not disclosed in the provided excerpt.