Shaffer Dennis G 4

What Happened Dennis G. Shaffer, CEO and director of Civista Bancshares, Inc. (CIVB), was granted 6,685 shares on 2026-03-11 (reported on Form 4 filed 2026-03-13). In addition, Shaffer acquired three small fractional share blocks on 2026-02-24 (273.863, 58.182 and 11.405 shares) via dividend reinvestment, and 475 shares were withheld on 2026-01-02 to cover taxes upon vesting. The filing reports $0.00 per-share for these entries (typical for awards/dividend reinvestment lines); total dollar amounts are not stated in the excerpt.

Key Details

• Transaction dates: 2026-01-02 (tax withholding, 475 shares disposed), 2026-02-24 (dividend reinvestment acquisitions: 273.863, 58.182, 11.405 shares), 2026-03-11 (stock award: 6,685 shares).
• Reported prices/values in filing: $0.00 per share for each line (award/dividend reinvestment/tax withholding entries show $0 in the provided data).
• Net change (based on reported line items): approximately +6,553.45 shares (includes fractional shares).
• Footnotes: F1 = shares withheld for taxes on vesting; F2 = shares from company dividend reinvestment; F3 = award granted under the Civista 2024 Incentive Plan.
• Filing timeliness: Reported transaction date 2026-03-11; Form 4 filed 2026-03-13 — filing appears timely (within typical two-business-day requirement).
• Shares owned after these transactions: not specified in the provided filing excerpt.

Context

• The 6,685-share entry is a stock award (code A) under the company’s incentive plan; the 2026-01-02 disposal is routine tax withholding on vested shares (code F). The small 2026-02-24 acquisitions are dividend reinvestment (fractional shares). These are standard corporate compensation and dividend-plan actions and do not by themselves indicate new buying or selling intent.