Form 4: Avista Corp Director Scott L. Morris Acquires Shares as Part of Director Compensation

Scott L. Morris, a director at Avista Corp, acquired 43 shares of common stock as part of his director compensation.

Summary

• On September 3, 2024, Scott L. Morris, a director of Avista Corp, acquired 43 shares of common stock.
• The acquisition was part of his director compensation.
• The price per share was $38.64, based on the closing price on August 30, 2024.
• Following the transaction, Morris directly owns 120,443 shares of Avista Corp common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects routine director compensation.

Positives

• The director's continued investment in the company may signal confidence in Avista Corp's future.

Industry Context

Director stock ownership is common and aligns management interests with shareholders.

Comparison to Industry Standards

• Director compensation packages often include stock awards to align their interests with shareholders, a practice seen across utilities and other industries.
• Comparing Avista's director compensation structure with peers like Portland General Electric or Idaho Power could provide further context.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily reflecting director compensation.

Key Dates