Covista Inc.: chairman & CEO Stephen W. Beard sold 8,306 shares

What happened Stephen W. Beard, chairman & CEO, reported sales of common stock. On Oct 8, 2026 he sold 3,639 shares at a weighted average price of $130.37 for $474,413. On Oct 9, 2026 he sold 4,667 shares at a weighted average price of $130.77 for $610,299. Total reported proceeds were $1,084,712.

Key details

• Transaction dates and prices: Oct 8, 2026 — 3,639 shares at $130.37 (weighted average; trades ranged $130.005–$131.042 per footnote); Oct 9, 2026 — 4,667 shares at $130.77 (weighted average; trades ranged $130.01–$131.37 per footnote).
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes: F1 — sales effected pursuant to a Rule 10b5-1 trading plan adopted Dec 10, 2025; F2 — shares sold represent a portion of holdings in excess of Covista's stock ownership and holding requirements and were executed in pre-scheduled increments; F3 — no discretionary trades permitted outside a 10b5-1 plan; F4/F5 — weighted average prices reported and offer to provide per-trade details upon request.
• Filing date: Oct 9, 2026. The filing does not indicate a late filing.

Why it may matter

• These were open-market sales executed under a pre-established Rule 10b5-1 trading plan, not an option exercise or a gift.
• The filing does not show why the insider traded or why the company acted.