Form 4: Avista Corp Director Scott L. Morris Acquires Shares
Statement of Changes in Beneficial Ownership
Avista Corp Chairman Scott L. Morris acquired 3,538 shares of common stock as part of his annual director compensation.
Summary
- Scott L. Morris, Chairman of the Board at Avista Corp, acquired 3,538 shares of common stock.
- The transaction occurred on May 8, 2026.
- The shares were issued at a price of $40.98 per share.
- Following this transaction, the total beneficial ownership of Scott L. Morris is 109,334 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine regulatory filing regarding director compensation with no impact on company operations or financial strategy.
Positives
- The acquisition reflects the alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine director compensation disclosure.
Industry Context
StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the utility sector to ensure long-term alignment with shareholder interests.
Comparison to Industry Standards
- The issuance of stock as part of an annual director retainer is consistent with standard compensation practices for publicly traded utility companies like Avista Corp.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation event.
Key Dates
| Date | Description |
|---|---|
| 2026-05-07 | Closing price date used for share valuation. |
| 2026-05-08 | Date of the stock acquisition transaction. |
| 2026-05-11 | Date of filing signature. |
Keywords
Avista Corp, AVA, Director Compensation, Insider Transaction, Scott L. Morris
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