Form 4: Avista Corp Director Jeffry L. Philipps Reports Acquisition of 3,232 Shares

Director Jeffry L. Philipps reports acquiring 3,232 shares of Avista Corp common stock as part of director compensation and annual retainer.

Summary

• On May 5, 2025, Jeffry L. Philipps, a director of Avista Corp, acquired 3,232 shares of common stock.
• The shares were acquired through an award of stock for director compensation and as part of the director's annual retainer.
• The price per share for the director compensation award was $41.76, based on the closing price on May 2, 2025.
• Following the transaction, Philipps directly owns 17,304 shares of Avista Corp common stock.

Sentiment

Score: 7

Explanation: Director acquiring shares is generally a positive signal, indicating confidence in the company. The transaction is part of a standard compensation package.

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 share acquisitions are common in publicly traded companies as part of compensation packages and can reflect management's alignment with shareholder interests.

Comparison to Industry Standards

• Director compensation packages often include stock awards to align their interests with shareholders, a practice seen across various industries.
• The amount of stock awarded varies depending on the company's size, performance, and industry benchmarks.
• Comparing Avista Corp's director compensation structure with peers in the utility sector would provide further context.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates

Keywords

Avista Corp, Director, Jeffry L. Philipps, Stock Acquisition, Form 4, Director Compensation, Annual Retainer, AVA