Form 4: Civista Bancshares SVP, Legal Counsel, Lance A. Morrison, Reports Changes in Beneficial Ownership

Lance A. Morrison, SVP, Legal Counsel of Civista Bancshares, reports acquisition of 1,136 shares and disposal of 479 shares of common stock.

Summary

• On January 3, 2025, Lance A. Morrison disposed of 479 shares of Civista Bancshares common stock to cover taxes upon vesting of restricted shares.
• On March 11, 2025, Mr. Morrison acquired 1,136 shares of common stock through a stock award granted from the Civista Bancshares, Inc. 2024 Incentive Plan.
• Following these transactions, Mr. Morrison directly owns 6,012 shares of Civista Bancshares common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects routine transactions related to stock-based compensation and tax obligations.

Positives

• The acquisition of 1,136 shares by Mr. Morrison could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates