{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-001606","form_type":"8-K","ticker":"CVSA","cik":"0000730464","company_name":"Covista Inc.","filed_at":"2022-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.395375+00:00","generated_at":"2026-06-21T21:41:07.353111+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Adtalem board elects Michael Malafronte as Chairman, succeeding Lisa Wardell","bullets":["Michael Malafronte elected Chairman effective Nov. 9, 2022, succeeding Lisa Wardell who continues as director.","Malafronte has been independent director since 2016; previously chaired compensation committee.","Board reconstituted committee chairs: Georgette Kiser (Academic Quality), William Burke (Audit), Kenneth Phelan (Comp), Donna Hrinak (External Relations), Sharon O'Keefe (Nominating).","Annual meeting approved all 11 directors, ratified PwC as auditor (42.2M for), and passed say-on-pay (39.2M for)."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-001606","json":"https://secwatch.observer/filing/0001157523-22-001606.json","markdown":"https://secwatch.observer/filing/0001157523-22-001606.md","text":"https://secwatch.observer/filing/0001157523-22-001606.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/730464/000115752322001606/0001157523-22-001606-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/730464/000115752322001606/a52966888.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T21:41:07.353111+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2c8539ad08","claim":"Michael W. Malafronte was elected as Chairman of the Board at Covista Inc..","evidence_excerpt":"On November 10, 2022, Adtalem Global Education Inc. (“Adtalem”) issued a press release announcing that its Board of Directors (the “Board”) unanimously elected Michael W. Malafronte, 48, as Chairman of the Board effective November 9, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/730464/000115752322001606/0001157523-22-001606-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"9cb24085cb","claim":"Lisa W. Wardell changed role as Chairman of the Board at Covista Inc..","evidence_excerpt":"succeeds Ms. Lisa W. Wardell as Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/730464/000115752322001606/0001157523-22-001606-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"succeeded"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"360b38a8944bd0c470f9a9f2c4c5f0ffa5b8a9a1","claim":"Covista Inc. shareholders approved Ratification of the selection of PricewaterhouseCoopers LLP as Adtalem’s independent registered public accounting firm for 2023. at the 2022-11-09 meeting.","evidence_excerpt":"2. Ratification of the selection of PricewaterhouseCoopers LLP as Adtalem’s independent registered public accounting firm for 2023. Our shareholders approved this proposal. FOR AGAINST ABSTAIN 42,202,657 633,788 14,589","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/730464/000115752322001606/0001157523-22-001606-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2022-11-09"}],"fact_type":"shareholder_vote"},{"claim_id":"d537198d9455fb201ef84b23613d80dd31cac120","claim":"Covista Inc. shareholders approved An advisory vote on the compensation of Adtalem’s named executive officers. at the 2022-11-09 meeting.","evidence_excerpt":"3. An advisory vote on the compensation of Adtalem’s named executive officers. Our shareholders approved this proposal. FOR AGAINST ABSTAIN BROKER NON-VOTE 39,249,343 1,895,494 15,416 1,690,781","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/730464/000115752322001606/0001157523-22-001606-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2022-11-09"}],"fact_type":"shareholder_vote"},{"claim_id":"ef1cb39ad136ce64746b505cc44f6b211c39a545","claim":"Covista Inc. shareholders approved Election of Directors at the 2022-11-09 meeting.","evidence_excerpt":"1. Election of Directors: Our shareholders elected the following eleven directors to serve until the 2023 Annual Meeting of Shareholders or until his or her successor has been duly elected and qualified. DIRECTOR FOR AGAINST ABSTAIN BROKER NON-VOTE Stephen W. Beard 40,804,571 335,466 20,216 1,690,781 William W. Burke 40,700,164 438,757 21,332 1,690,781 Charles DeShazer 40,854,234 284,686 21,333 1,690,781 Mayur Gupta 40,891,860 247,059 21,334 1,690,781 Donna J. Hrinak 40,412,340 727,507 20,406 1,690,781 Georgette Kiser 40,278,449 861,670 20,134 1,690,781 Liam Krehbiel 40,859,199 280,922 20,132 1,690,781 Michael W. Malafronte 40,764,615 375,505 20,133 1,690,781 Sharon L. O’Keefe 37,843,562 3,297,548 19,143 1,690,781 Kenneth J. Phelan 40,712,300 427,808 20,145 1,690,781 Lisa W. Wardell 40,437,219 706,153 16,881 1,690,781","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/730464/000115752322001606/0001157523-22-001606-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2022-11-09"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}