CIVISTA BANCSHARES, INC.·4

Mar 13, 3:27 PM ET

DUTTON RICHARD J 4

Research Summary

AI-generated summary

Updated

Civista (CIVB) SVP Richard Dutton Receives 3,154-Share Award

What Happened
Richard J. Dutton, Senior Vice President of Civista Bancshares, Inc. (CIVB), received a 3,154-share stock award (grant code A) on 2026-03-11 (reported 2026-03-13). He also acquired three small lots totaling ~222 shares on 2026-02-24 through the company’s dividend reinvestment feature (code J). Separately, 1,769 shares were surrendered/withheld on 2026-01-02 to cover tax liabilities upon vesting of restricted shares (code F). All reported transactions show a $0.00 per-share price in the filing (awards/withholding/DRIP entries, not open-market trades).

Key Details

  • Transaction dates and actions:
    • 2026-03-11: Grant/award — 3,154 shares @ $0.00 (A). Footnote F3: award under Civista 2024 Incentive Plan.
    • 2026-02-24: Dividend reinvestment — 59.517, 105.387, and 56.984 shares @ $0.00 (J). Footnote F1: DRIP purchases.
    • 2026-01-02: Shares withheld — 1,769 shares @ $0.00 (F). Footnote F2: shares withheld for taxes on vesting.
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • Filing: Report filed 2026-03-13 covering activity through 2026-03-11; no late-filing flag indicated in the provided data.
  • Codes explained: A = award/grant, J = other acquisition (here, dividend reinvestment), F = tax withholding for vested shares.

Context
This filing reflects routine corporate compensation and dividend reinvestment activity rather than an open-market purchase or sale. The 3,154-share entry is a stock award under the company’s incentive plan; the 1,769-share disposition was a tax-withholding event tied to vesting. Dividend reinvestment (small fractional shares) is a common automatic acquisition and does not necessarily signal insider sentiment.