Whinnem Ian 4
4 · CIVISTA BANCSHARES, INC. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Civista Bancshares (CIVB) CFO Ian Whinnem Receives 2,313-Share Award
What Happened Ian Whinnem, Senior Vice President and Chief Financial Officer of Civista Bancshares, Inc., was granted 2,313 shares on March 11, 2026 as a stock award (transaction code A). The award shows an acquisition price of $0.00 (i.e., shares issued as compensation), so no cash was paid by the insider for these shares. The filing notes the award was made under the Civista Bancshares, Inc. 2024 Incentive Plan.
Key Details
- Transaction date: 2026-03-11; filing date: 2026-03-13 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 2,313; acquisition price reported: $0.00.
- Footnote: Grant made under the Civista Bancshares, Inc. 2024 Incentive Plan.
- Shares owned after transaction: Not specified in the information provided.
- No indication this was a market purchase or sale; this is compensation, not a trading disposition.
Context Stock awards are typically compensation (time-based or performance-based) and may be subject to vesting, holding requirements, or forfeiture conditions; they do not by themselves signal the insider buying or selling shares in the open market. For retail investors, awards can dilute existing shares over time and are a common way companies compensate executives.
Insider Transaction Report
Footnotes (1)
- [F1]Stock award granted from Civista Bancshares, Inc. 2024 Incentive Plan