KESSLER CARL A III 4
4 · CIVISTA BANCSHARES, INC. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Civista (CIVB) SVP Carl Kessler Receives 1,614-Share Award
What Happened Carl A. Kessler III, Senior Vice President of Civista Bancshares, Inc. (CIVB), received a stock award of 1,614 shares on 2026-03-11 (transaction code A). Earlier, on 2026-01-02, 467 shares were withheld by the company to satisfy tax withholding upon vesting (transaction code F). Both transactions show an acquisition/price of $0.00 per share (typical for restricted stock grants and tax-withholding of vested shares), so no cash changed hands in the Form 4 reporting.
Key Details
- Transactions: 467 shares withheld for taxes (F) on 2026-01-02; 1,614-share award granted (A) on 2026-03-11.
- Reported prices/values: $0.00 per share for both entries (restricted award and tax withholding); total cash value not reported on the Form 4.
- Shares owned after the transactions: Not disclosed in this filing.
- Footnotes: F1 — shares withheld by the company to cover taxes upon vesting; F2 — award granted under the Civista Bancshares, Inc. 2024 Incentive Plan.
- Filing timeliness: Reported on Form 4 with a report period of 2026-03-11 and filed 2026-03-13; no late filing flag indicated.
Context This filing reflects a compensation-related stock award and routine tax-withholding on vested shares, not an open-market buy or sale. Awards and tax withholdings are common executive compensation events and do not, by themselves, signal buying or selling intent.
Insider Transaction Report
- Tax Payment
Common
[F1]2026-01-02−467→ 5,634 total - Award
Common
[F2]2026-03-11+1,614→ 7,248 total
- 7,248
Common
Footnotes (2)
- [F1]Reflects shares withheld by the company for payment of taxes upon vesting of restricted shares.
- [F2]Stock award granted from Civista Bancshares, Inc. 2024 Incentive Plan