Katitus Robert L 4

What Happened Robert L. Katitus, Senior Vice President and Chief Legal Officer of Civista Bancshares, Inc. (CIVB), received a grant of 1,544 restricted shares on 2026-03-11 (reported as an "A" award) and had 526 shares withheld by the company on 2026-01-02 to satisfy tax withholding obligations (reported as an "F" disposition). Both transactions are reported at a per-share price of $0.00 in the filing (the $0.00 reflects grant/withholding accounting, not an open-market price).

Key Details

• Transaction dates and codes:
  • 2026-01-02 — 526 shares withheld for taxes (F) at $0.00.
  • 2026-03-11 — 1,544 shares awarded (A) at $0.00.
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Footnotes:
  • F1: Shares were withheld by the company to pay taxes upon vesting of restricted shares.
  • F2: The stock award was granted under the Civista Bancshares, Inc. 2024 Incentive Plan.
• Timeliness: Filing date 2026-03-13 for a 2026-03-11 award appears timely (Form 4 is generally due within two business days); no late-filing flag indicated.

Context This was a compensation-related award (not an open-market purchase). The 526-share disposition was a routine tax-withholding action related to vesting. Awards and withholding are common executive compensation events and do not necessarily indicate the insider is buying or selling stock based on market views. Purchases or open-market acquisitions tend to be more direct signals of insider sentiment than grants or tax-withholdings.