Covista (CVSA) CEO Stephen W. Beard Sells 5,291 Shares

What Happened
Stephen W. Beard, Chairman and CEO of Covista Inc. (CVSA), sold 5,291 shares on July 13, 2026 in an open-market/private sale. The weighted average sale price reported is $132.75 per share, for total proceeds of approximately $702,401. This was a sale (not a purchase), executed under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: 2026-07-13; filing date: 2026-07-15 (filed within the typical two-business-day Form 4 window).
• Shares sold: 5,291; weighted average price: $132.75; total value: ~$702,401.
• Price range across multiple executions: $130.6625 to $134.02; the filer will provide a full breakdown of share counts and prices upon request.
• Footnotes: Sale effected pursuant to a Rule 10b5-1 plan adopted Dec 10, 2025; sales represent a portion of holdings above Covista's Stock Ownership and Holding Requirements and were executed in pre-scheduled increments. Company policy prohibits discretionary trades outside a pre-established plan absent hardship.
• Shares owned after the transaction: Not specified in this filing.

Context
This was a pre-scheduled, rule-based sale under a 10b5-1 plan and described as reducing holdings in excess of company ownership requirements. Such sales are generally considered routine compliance with ownership rules rather than a direct signal of insider sentiment; no discretionary trading was reported.