Bitting Kurt 4
4 · Ecovyst Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Ecovyst CEO Kurt Bitting Receives 116,392-Share Award (25,925 Withheld)
What Happened
Kurt Bitting, Director and Chief Executive Officer of Ecovyst Inc. (ECVT), was granted 116,392 shares (award) on 2026-02-03. To satisfy tax withholding related to that award, 25,925 of those shares were disposed/withheld at $10.31 per share, totaling $267,287. The award shows a $0 acquisition price in the filing (typical for equity awards).
Key Details
- Transaction date: 2026-02-03. Filing date: 2026-02-05 (timely filing).
- Award (code A): 116,392 shares acquired at $0.00 (per Form 4).
- Withholding (code F): 25,925 shares disposed/withheld at $10.31 each = $267,287 to cover tax liability.
- Shares owned after the transaction: not stated in the provided filing details.
- Footnotes: F indicates payment of exercise price or tax liability (here used to withhold shares for taxes). No 10b5-1 or similar plan noted in the provided data.
Context
This looks like a standard equity award vesting with shares withheld to cover taxes (a common cashless-withholding settlement). The action is primarily an acquisition (award) rather than an open-market purchase or a sale— the only shares leaving the insider’s ownership were withheld for tax purposes, which is routine and does not necessarily signal a change in insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
2026-02-03$10.31/sh−25,925$267,287→ 543,926 total - Award
Common Stock
2026-02-03+116,392→ 660,318 total