Form 4: Avista Corp Director Rebecca A. Klein Acquires Shares as Part of Compensation

Director Rebecca A. Klein acquired 341 shares of Avista Corp stock as part of her director compensation.

Summary

• Rebecca A. Klein, a director at Avista Corp, acquired 341 shares of common stock on January 2, 2025.
• The shares were awarded as part of her director compensation, specifically for the quarterly retainer.
• The price per share was $36.63, which was the closing price on December 31, 2024.
• Following this transaction, Ms. Klein directly owns 23,410 shares of Avista Corp stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.
• The use of stock as part of director compensation aligns the director's interests with those of shareholders.

Industry Context

This is a routine transaction related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Director compensation packages often include stock awards to align director interests with shareholder value, this is a common practice.
• The use of the closing price on the last day of the year as the acquisition price is a standard method for stock awards.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Avista Corp, Director Compensation, Stock Acquisition, Insider Trading, Form 4, Rebecca A. Klein