AVA.NYSEAvista CORP

Form 4: Avista Corp Director Heidi B. Stanley Acquires Shares as Part of Director Compensation

Sentiment:

SEC Form 4 Filing


Director Heidi B. Stanley acquired 43 shares of Avista Corp common stock at $38.64 per share as part of director compensation.

Summary

  • On September 3, 2024, Heidi B. Stanley, a director of Avista Corp, acquired 43 shares of common stock.
  • The shares were awarded as part of director compensation and the director's annual retainer.
  • The price per share was $38.64, based on the closing price on August 30, 2024.
  • Following the transaction, Stanley directly owns 24,422 shares of Avista Corp common stock.
  • Stanley also indirectly owns 9,248 shares through a profit sharing plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. Directors often receive stock as part of their compensation packages.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders.

Key Dates

DateDescription
08/30/2024Closing price used to determine the price per share for the stock award.
09/03/2024Date of the transaction where Heidi B. Stanley acquired shares of Avista Corp common stock.
09/04/2024Date of signature for the Form 4 filing.

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