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

Director Janet D. Widmann acquired 3,232 shares of Avista Corp common stock as part of her director compensation.

Summary

• On May 5, 2025, Janet D. Widmann, a director of Avista Corp, acquired 3,232 shares of common stock.
• The shares were issued as an award of stock for director compensation and as part of the director's annual retainer.
• The price per share was $41.76, based on the closing price on May 2, 2025.
• Following the transaction, Widmann directly owns 26,555 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. The director's increased stake could be seen as a positive sign of confidence in the company.

Positives

• The acquisition reflects the director's continued investment and alignment with the company's interests.
• The stock award serves as an incentive for the director.

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 directors are a typical component of compensation packages in publicly traded companies, such as Avista Corp.
• Companies like Duke Energy and Exelon also utilize stock awards as part of their director compensation plans.
• The amount of stock awarded can vary based on company size, performance, and industry standards.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

Keywords

Avista Corp, Director Compensation, Stock Acquisition, Janet D. Widmann, Form 4, Insider Trading