Form 4: Avista Corp Director Rebecca A. Klein Reports Stock Award for Director Compensation

Director Rebecca A. Klein reports receiving 298 shares of Avista Corp common stock as part of director compensation.

Summary

• On April 1, 2025, Rebecca A. Klein, a director of Avista Corp, acquired 298 shares of common stock.
• The shares were awarded as part of director compensation.
• The price per share was $41.87, based on the closing price on March 31, 2025.
• Following the transaction, Klein directly owns 23,708 shares of Avista Corp common stock.

Sentiment

Score: 7

Explanation: The document reflects a neutral event (director compensation) with no apparent negative implications. The director's increased stake could be viewed slightly positively.

Positives

• The director's stock ownership aligns her interests with those of other shareholders.

Industry Context

Director compensation in the form of stock awards is a common practice to align the interests of directors with those of shareholders. This Form 4 filing is a routine disclosure required by the SEC.

Comparison to Industry Standards

• Stock awards are a typical component of director compensation packages across various industries.
• Companies like Duke Energy (DUK) and Southern Company (SO) also utilize stock awards as part of their director compensation plans.
• The specific amount and vesting schedules can vary based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with shareholder value.

Key Dates

Keywords

Director Compensation, Form 4, Stock Award, Beneficial Ownership, Avista Corp, AVA, Rebecca A. Klein