Form 4: Avista Corp Director Scott Harlan Maw Acquires Additional Shares as Part of Director Compensation

Director Scott Harlan Maw acquired 43 shares of Avista Corp common stock on September 3, 2024, as part of director compensation.

Summary

• On September 3, 2024, Scott Harlan Maw, a director of Avista Corp, acquired 43 shares of common stock.
• The acquisition was part of director compensation.
• The price per share was $38.64, based on the closing price on August 30, 2024.
• Following the transaction, Maw directly owns 26,524 shares of Avista Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transaction reflects standard director compensation practices and aligns director interests with shareholders.

Positives

• The director's acquisition of shares 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.

Comparison to Industry Standards

• Stock awards for director compensation are a standard practice across various industries.
• The amount and frequency of these awards can vary based on company size, performance, and industry benchmarks.
• Comparing Avista Corp's director compensation practices with those of similar-sized utilities or energy companies would provide a more detailed assessment.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates