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

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

Summary

• On May 5, 2025, Rebecca A. Klein, a director of Avista Corp, acquired 3,232 shares of common stock.
• The shares were awarded as part of her director compensation and annual retainer.
• The price per share was $41.76, based on the closing price on May 2, 2025.
• Following the transaction, Klein directly owns 26,940 shares of Avista Corp.
• The transaction was filed as a Form 4, indicating a change in beneficial ownership.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard transaction of director compensation, which is generally viewed as a positive alignment of interests between management and shareholders.

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 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

• Stock awards for director compensation are a standard practice among publicly listed companies.
• Companies like Duke Energy, Southern Company, and NextEra Energy also utilize stock awards as part of their director compensation packages.
• The amount of stock awarded can vary based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with theirs.

Key Dates

Keywords

Avista Corp, Director Compensation, Form 4, Beneficial Ownership, Rebecca A. Klein, Shares, Director