CVSA - Covista Inc.

Insider Purchase by Malafronte Michael W (Lead Independent Director)

1 Month
After Trade
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Trade Summary

5 days ago, Malafronte Michael W, serving as Lead Independent Director at Covista Inc. (CVSA), purchased 36,036 shares at $100.88 per share, for a total transaction value of $3,635,414.00. Following this transaction, Malafronte Michael W now holds 138,600 shares of CVSA.

This purchase represents a 35.00% increase in Malafronte Michael W's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Tuesday, March 10, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 12, 2026, 2 days after the trade was made.

Malafronte Michael W

Lead Independent Director

Michael W. Malafronte is the Lead Independent Director at Covista Inc. (CVSA), where he has engaged in multiple stock transactions, including buys on March 3, 2026 (1,200 shares at $97.97), November 4, 2025 (620 shares at $91.85), March 7, 2025 (1,000 shares at $87.21), and a tax-related sell on November 13, 2025 (526 shares at $96.26).[[1]](https://www.hl.co.uk/shares/shares-search-results/c/covista-inc-usd0.01/director-deals)[[3]](https://finviz.com/quote.ashx?t=CVSA&ty=rv)[[4]](https://finviz.com/quote.ashx?t=CVSA) He previously served on the board of DeVry Education Group (now Adtalem Global Education), appointed in 2016 as managing partner of International Value Advisers, LLC (IVA) and president of the IVA Funds, with IVA holding 19.5% of DeVry's shares at the time.[[2]](https://investors.adtalem.com/press-releases/press-releases-details/2016/DeVry-Education-Group-Appoints-Michael-Malafronte-to-Board-of-Directors/default.aspx) Malafronte oversees all aspects of IVA, including strategy and resource management. Before founding IVA, he spent over 10 years in portfolio management and investment roles at Arnhold and S. Bleichroeder Advisers and Oppenheimer & Close.[[2]](https://investors.adtalem.com/press-releases/press-releases-details/2016/DeVry-Education-Group-Appoints-Michael-Malafronte-to-Board-of-Directors/default.aspx)

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Trade Price

$100.88

Quantity

36,036

Total Value

$3,635,414.00

Shares Owned

138,600

Trade Date

Tuesday, March 10, 2026

5 days ago

SEC Filing Date

Thursday, March 12, 2026

Filed 2 days after trade

About Covista Inc.

Company Overview

No company information available
View news mentioning CVSA

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