CURRY ROBERT L JR 4
Research Summary
AI-generated summary
Civista (CIVB) SVP Robert Curry Receives 1,323-Share Award
What Happened
- Robert L. Curry Jr., Senior Vice President of Civista Bancshares, received a grant of 1,323 common shares (stock award) on 2026-03-11 (reported 2026-03-13). The award price is listed as $0.00 (award/grant).
- Earlier transactions reported include acquisition of 10.935 shares on 2026-02-24 (listed at $0.00, via dividend reinvestment) and the disposition of 354 shares on 2026-01-02 listed as a payment of exercise price or tax liability (price $0.00). The 354-share disposition reflects shares withheld to cover taxes rather than an open-market sale.
Key Details
- Transaction dates and types:
- 2026-03-11: Grant/award — 1,323 shares @ $0.00 (Form 4 code A)
- 2026-02-24: Dividend reinvestment — 10.935 shares @ $0.00 (Form 4 code J)
- 2026-01-02: Tax withholding/payment — 354 shares @ $0.00 (Form 4 code F)
- Filing date: 2026-03-13 (reporting period 2026-03-11).
- Shares owned following the transactions: not specified in the provided filing summary.
- Footnotes from the filing:
- F1: Shares withheld by the company to pay taxes upon vesting of restricted shares.
- F2: Shares acquired through the company’s dividend reinvestment feature.
- F3: Stock award granted under the Civista Bancshares, Inc. 2024 Incentive Plan.
- No indication in this excerpt of a late filing flag; filing occurred two days after the primary reported grant date.
Context
- The 1,323-share entry is an equity award (not an open-market purchase) and is recorded at $0.00 because it was granted as compensation under the company’s incentive plan.
- The 354-share disposition was for tax withholding on vested awards and should not be interpreted as an outright sale seeking liquidity.
- For retail investors, awards and dividend reinvestments are routine insider compensation actions; they are informative about compensation but do not necessarily signal immediate management views on near-term stock performance.