Form 4: Avista Corp Director Janet D. Widmann Acquires Shares as Part of Director Compensation

Director Janet D. Widmann acquired 3,533 shares of Avista Corp common stock as part of her director compensation.

Summary

• On May 3, 2024, Janet D. Widmann, a director of Avista Corp, acquired 3,533 shares of common stock.
• The shares were awarded as stock for director compensation and as part of the director's annual retainer.
• The price per share was $36.79, based on the closing price on May 2, 2024.
• Following the transaction, Widmann directly owns 23,280 shares of Avista Corp common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively as it aligns director interests with shareholders.

Positives

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

Industry Context

Director compensation in the form of stock awards is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock awards for director compensation are a standard practice across the industry.
• The amount of stock awarded can vary based on company size, performance, and industry benchmarks.
• Comparing Avista Corp's director compensation practices with those of its peers would provide a better understanding of its relative position.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates