Form 4: Avista Corp Director Heidi B. Stanley Acquires Shares as Part of Director Compensation
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
| Date | Description |
|---|---|
| 08/30/2024 | Closing price used to determine the price per share for the stock award. |
| 09/03/2024 | Date of the transaction where Heidi B. Stanley acquired shares of Avista Corp common stock. |
| 09/04/2024 | Date of signature for the Form 4 filing. |
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