Ariel Investments, LLC filed an amended beneficial ownership statement with the SEC on November 13, 2026, disclosing a 4.8% stake in Covista Inc's Common Stock Class B shares as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Ariel Investments, LLC reported beneficial ownership of 1,644,167 shares of Covista Inc Common Stock SH CL B (CUSIP 00737L103).
  • Percent of class: The 1,644,167 shares represent 4.8% of the class, as disclosed in the filing.
  • Sole voting power: Ariel Investments, LLC holds sole voting power over 1,423,045 shares, with 0 shares subject to shared voting power.
  • Sole dispositive power: The firm holds sole dispositive power over all 1,644,167 shares, with no shared dispositive power reported.
  • Client accounts: According to the filing, Ariel Investments, LLC's adviser clients hold the right to receive dividends or sale proceeds from the reported securities, with no single client holding an economic interest exceeding 5% of the subject securities.
  • Triggering event date: The date of the event requiring this filing was reported as September 30, 2026.

Ariel Investments Discloses Amended Ownership Position in Covista Inc

Ariel Investments, LLC, a Delaware-organized investment adviser, filed Amendment No. 1 to its beneficial ownership statement covering Common Stock SH CL B of Covista Inc, whose principal executive offices are located at 233 South Wacker Drive, 8th Floor, Chicago, Illinois 60606. The filing identifies Ariel Investments as an investment adviser, consistent with its classification as type "IA" in the statement. The firm's offices are listed at 200 E. Randolph Street, Suite 2900, Chicago, Illinois 60601.

According to the filing, the aggregate amount beneficially owned by Ariel Investments, LLC is 1,644,167 shares, constituting 4.8% of the class. Of that total, the firm holds sole voting authority over 1,423,045 shares, while sole dispositive authority covers the full 1,644,167 shares. No shared voting or dispositive power was reported. The filing notes that this position falls within the ownership of 5 percent or less of the class, as indicated in Item 5 of the statement.

The filing further discloses, under Item 6, that Ariel Investments, LLC's adviser clients possess the right to receive dividends from, or proceeds from the sale of, all securities reported. The firm certified, through Vice President of Compliance James Prescott, that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities."

What Was Disclosed

Ariel Investments, LLC disclosed an amended beneficial ownership position of 1,644,167 shares, equal to 4.8% of Covista Inc's Common Stock Class B, with sole voting power over 1,423,045 shares and sole dispositive power over the full reported position, as of September 30, 2026.