Form 4: Avista Corp Director Julie A. Bentz Acquires Shares as Part of Director Compensation
SEC Form 4
Director Julie A. Bentz acquired 3,533 shares of Avista Corp common stock as part of her director compensation.
Summary
- On May 3, 2024, Julie A. Bentz, a director of Avista Corp, acquired 3,533 shares of common stock.
- The acquisition was part of her director compensation.
- The price per share was $36.79, based on the closing price on May 2, 2024.
- Following the transaction, Bentz directly owns 9,904 shares of Avista Corp common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects a director's continued investment in the company through stock compensation, which is generally viewed favorably.
Positives
- The acquisition reflects the director's ongoing investment in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors and officers. This allows the public to see if company leadership is invested in the company's success.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Closing price used to determine the price per share for the stock award. |
| 05/03/2024 | Date of transaction: Julie A. Bentz acquired shares of Avista Corp common stock. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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