Form 4: Avista Corp Director Kevin B. Jacobsen Acquires Shares as Part of Director Compensation
SEC Form 4
Director Kevin B. Jacobsen acquired 3,232 shares of Avista Corp common stock as part of director compensation and annual retainer.
Summary
- On May 5, 2025, Kevin B. Jacobsen, a director of Avista Corp, acquired 3,232 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 $41.76, based on the closing price on May 2, 2025.
- Following the transaction, Jacobsen directly owns 12,244 shares of Avista Corp common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a routine transaction related to director compensation.
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.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Closing price used to determine the value of shares awarded. |
| 05/05/2025 | Date of transaction: Kevin B. Jacobsen acquired shares. |
| 05/06/2025 | Date of signature on the Form 4. |
Keywords
Avista Corp, Director Compensation, Stock Acquisition, Form 4, Insider Trading, AVA, Kevin B. Jacobsen
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