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

Scott L. Morris, a director at Avista Corp, acquired 3,232 shares of common stock as part of director compensation and the annual retainer.

Summary

• On May 5, 2025, Scott L. Morris, a director at Avista Corp, acquired 3,232 shares of common stock.
• The shares were acquired as an award of stock for director compensation and as part of the director's annual retainer.
• The price per share for the award was $41.76, based on the closing price on May 2, 2025.
• Following the transaction, Morris directly owns 115,580 shares of Avista Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and insider ownership, which can be seen as a positive sign.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The director compensation plan aligns the interests of the director with those of the shareholders.

Industry Context

Director stock ownership is a common practice in publicly traded companies to align the interests of management and shareholders. Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning his interests with those of other shareholders.

Key Dates

Keywords

Avista Corp, Director Compensation, Stock Acquisition, Form 4, Insider Trading, Scott L. Morris, AVA