Ecovyst Inc.·4

Feb 5, 4:05 PM ET

Bitting Kurt 4

Research Summary

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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.