Form 4: Avista CEO's Stock Transactions: Tax Sale & Performance Vesting

Avista Corp's President & CEO, Heather Lynn Rosentrater, reported selling shares for tax obligations and converting performance-based awards into common stock.

Summary

• Heather Lynn Rosentrater, President & CEO of Avista Corp (AVA), reported transactions on January 6, 2026.
• She disposed of 2,983 shares of common stock at a price of $38.95 per share to cover income tax liabilities.
• These tax obligations arose from the vesting of restricted shares from 2023, 2024, and 2025.
• Additionally, 2,293 performance shares (2023 Performance Shares (TSR)) were converted into common stock, indicating performance measures were met.
• Following these transactions, Rosentrater directly beneficially owns 54,828 shares of common stock.
• An additional 695 shares are indirectly owned in a spouse's plan.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions, including a tax-related stock sale and the conversion of performance shares, which are neutral events in terms of overall company sentiment.

Positives

• The conversion of 2,293 performance shares into common stock suggests that the company's performance measures, specifically the 2023 Performance Shares (TSR), were successfully met.

Negatives

• The sale of 2,983 shares, even for tax purposes, reduces the direct beneficial ownership of the CEO.

Risks

• No specific risks are detailed in this Form 4 filing, as it primarily reports insider transactions.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The transactions represent a minor change in the CEO's direct ownership, which is a routine event and unlikely to have a significant impact on other shareholders. The vesting of performance shares could be seen positively as it indicates performance targets were met.
• Employees: No direct impact on employees is indicated by this filing.
• Customers: No direct impact on customers is indicated by this filing.
• Suppliers: No direct impact on suppliers is indicated by this filing.
• Creditors: No direct impact on creditors is indicated by this filing.

Key Dates

Keywords

Avista Corp, AVA, Form 4, Insider Transaction, Stock Sale, Performance Shares, CEO, Heather Rosentrater, Restricted Stock, Tax Obligation