Form 4: Avista Corp Director Janet D. Widmann Reports Acquisition of 43 Shares
SEC Form 4 Filing
Director Janet D. Widmann reports acquiring 43 shares of Avista Corp common stock as part of director compensation.
Summary
- On September 3, 2024, Janet D. Widmann, a director of Avista Corp, acquired 43 shares of common stock.
- The shares were acquired as an award of stock for director compensation and as part of the director's annual retainer.
- The price per share was $38.64, based on the closing price on August 30, 2024.
- Following the transaction, Widmann directly owns 23,323 shares of Avista Corp common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, which can be seen as a sign of confidence. However, it's a routine transaction related to compensation.
Positives
- The acquisition reflects continued director investment in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors, offering insights into their confidence in the company's prospects.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals director confidence.
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 transaction: Janet D. Widmann acquired 43 shares of Avista Corp common stock. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
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