Parcher Charles A. 4
Research Summary
AI-generated summary
Civista Bancshares (CIVB) President Charles Parcher Receives Award
What Happened
Charles A. Parcher, President of Civista Bancshares, acquired a total of 4,513.32 shares through two types of transactions: a stock award and dividend reinvestment. On 2026-03-11 he was granted 4,376 shares (stock award), and on 2026-02-24 he received 126.655 and 10.665 shares via the company’s dividend reinvestment feature. All transactions are reported at $0.00 per share (award/dividend reinvestment), so the filing reports $0 total cash paid.
Key Details
- Transaction dates and details:
- 2026-02-24: 126.655 shares acquired (code J) @ $0.00 — dividend reinvestment (footnote F1)
- 2026-02-24: 10.665 shares acquired (code J) @ $0.00 — dividend reinvestment (footnote F1)
- 2026-03-11: 4,376 shares acquired (code A) @ $0.00 — stock award under the 2024 Incentive Plan (footnote F2)
- Total shares acquired reported: 4,513.32 shares; total reported cash value: $0.00
- Shares owned after the transactions: not specified in the filing
- Filing: Report covers transactions through 2026-03-11 and was filed 2026-03-13 (appears timely)
- Transaction codes: A = award/grant; J = other acquisition (here, dividend reinvestment)
Context
These were acquisitions via an equity award and dividend reinvestment, not open-market purchases. Awards and dividend reinvestment entries are routine forms of compensation/ownership buildup and are reported at $0 on Form 4 (market value may differ). The filing does not provide Parcher’s total post-transaction holdings, so assess ownership change accordingly.