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

Director Scott Harlan Maw acquired 3,232 shares of Avista Corp common stock on May 5, 2025, as part of director compensation.

Summary

• On May 5, 2025, Scott Harlan Maw, a director of Avista Corp, acquired 3,232 shares of common stock.
• The acquisition was part of director compensation.
• The price per share was $41.76, based on the closing price on May 2, 2025.
• Following the transaction, Maw directly owns 29,756 shares of Avista Corp.
• The shares were issued as an award of stock for Director Compensation and as part of the Directors annual retainer.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively as it aligns director interests with shareholders.

Positives

• The acquisition reflects the director's continued investment in the company.

Industry Context

Director compensation in the form of stock awards is a common practice to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock awards for director compensation are a standard practice across publicly traded companies.
• The amount of stock awarded can vary significantly based on company size, performance, and industry benchmarks.
• Comparing Avista Corp's director compensation practices with those of similar-sized utilities companies would provide further context.

Stakeholder Impact

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

Key Dates

Keywords

Avista Corp, Director Compensation, Stock Acquisition, Form 4, Scott Harlan Maw, Director