Form 4: Avista Corp. Director Rebecca Klein Increases Stake Through Stock Award
Insider Transaction Report
Avista Corp. Director Rebecca A. Klein acquired 329 shares of common stock on July 1, 2025, as part of her director compensation and quarterly retainer, increasing her beneficial ownership to 27,269 shares.
Summary
- Rebecca A. Klein, a Director of Avista Corp. (AVA), acquired 329 shares of common stock.
- The transaction occurred on July 1, 2025.
- The shares were acquired at a price of $37.95 per share, which was the closing price on June 30, 2025.
- The acquisition was an award of stock for Director Compensation and part of the Directors quarterly retainer, where stock was chosen over cash payment.
- Following this transaction, Rebecca A. Klein beneficially owns 27,269 shares of Avista Corp. common stock.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, particularly when chosen over cash compensation, generally indicates confidence in the company's future performance and aligns management interests with shareholders.
Positives
- A Director, Rebecca A. Klein, increased her beneficial ownership in Avista Corp. by acquiring 329 shares.
- The acquisition of shares as part of director compensation and retainer, where stock was chosen over cash, indicates alignment of interests between management and shareholders.
Future Outlook
NA
Management Comments
- Rebecca A. Klein chose to receive stock as payment for her quarterly director retainer instead of cash.
Industry Context
This Form 4 filing details a routine insider transaction for a director at Avista Corp., a utility company. Such transactions are common for director compensation and do not inherently reflect broader industry trends, though they can signal management's confidence in the company's future within the stable utility sector.
Related Party Transactions
- Acquisition of 329 shares of common stock by Director Rebecca A. Klein as an award for Director Compensation and as part of her quarterly retainer.
Stakeholder Impact
- Shareholders: Increased alignment of director's interests with shareholders due to stock ownership.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Closing price date for share valuation at $37.95. |
| 07/01/2025 | Date of transaction for acquisition of common stock. |
| 07/02/2025 | Date the Form 4 was signed by Rebecca A. Klein. |
Recommendation
holdKeywords
Avista Corp, AVA, Form 4, insider transaction, director compensation, stock award, beneficial ownership, utility
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