---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-21-001411"
form_type: "8-K/A"
ticker: "CVSA"
cik: "0000730464"
company_name: "Covista Inc."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:48:08.593622+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Adtalem appoints Robert J. Phelan as permanent CFO with $480k salary, $500k RSU grant

## Summary
- Robert J. Phelan, interim CFO since April 2021, appointed CFO effective October 18, 2021.
- Employment agreement: $480,000 annual salary, 80% bonus target, plus long-term incentive equity.
- One-time RSU grant of $500,000, vesting 1/4 per year over four years.
- Annual shareholder meeting: all 11 directors elected; PricewaterhouseCoopers ratified; say-on-pay approved.
- Bylaws amended including federal forum for Securities Act claims and other technical updates.

## SEC filing metadata
- accession: 0001157523-21-001411
- form_type: 8-K/A
- ticker: CVSA
- cik: 0000730464
- company_name: Covista Inc.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730464/000115752321001411/0001157523-21-001411-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730464/000115752321001411/a52531804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-21-001411
- JSON: https://secwatch.observer/filing/0001157523-21-001411.json
- Plain text: https://secwatch.observer/filing/0001157523-21-001411.txt

## Key facts
- Executive change
  Robert J. Phelan was appointed as chief financial officer at Covista Inc..
  - Action: appointed
  - Role: chief financial officer
  source text: Mr. Robert J. Phelan, who had been serving as ATGE’s interim chief financial officer since April 2021, had been appointed ATGE’s chief financial officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/730464/000115752321001411/0001157523-21-001411-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.