AVA.NYSEAvista CORP

Form 4: Avista Corp Director Julie A. Bentz Acquires Shares as Part of Director Compensation

Sentiment:

SEC Form 4 Filing


Director Julie A. Bentz acquired 3,232 shares of Avista Corp common stock as part of her director compensation.

Summary

  • On May 5, 2025, Julie A. Bentz, a director of Avista Corp, acquired 3,232 shares of common stock.
  • The shares were awarded as part of her director compensation.
  • The price per share was $41.76, based on the closing price on May 2, 2025.
  • Following the transaction, Bentz directly owns 13,179 shares of Avista Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director acquiring shares as part of compensation is a normal business practice and indicates alignment with shareholder interests.

Positives

  • The acquisition of shares by a director demonstrates confidence in the company.

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

  • Comparing Avista's director compensation structure to that of similar utilities companies like Edison International or Sempra Energy would provide a benchmark for assessing the competitiveness and appropriateness of the compensation package.
  • Analyzing the percentage of director compensation paid in stock versus cash across the industry would offer further context.
  • Reviewing proxy statements of peer companies can reveal industry standards for director stock ownership guidelines.

Stakeholder Impact

  • The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

DateDescription
05/02/2025Closing price used to value shares for director compensation.
05/05/2025Date of transaction: Julie A. Bentz acquired shares of Avista Corp.
05/06/2025Date of signature on the Form 4 filing.

Keywords

Avista Corp, Director Compensation, Stock Acquisition, Form 4, Beneficial Ownership, Julie A. Bentz, AVA

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