Form 4: Avista Corp Director Scott L. Morris Gifts 7,400 Shares of Common Stock
SEC Form 4 Filing
Director Scott L. Morris of Avista Corp reports gifting 7,400 shares of AVA common stock to children on March 6, 2024.
Summary
- On March 6, 2024, Scott L. Morris, a director at Avista Corp, gifted 7,400 shares of AVA common stock.
- The shares were gifted to his children.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Morris directly owns 120,819 shares of Avista Corp common stock.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (gift of shares) and doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect a broader trend in the utility industry.
Related Party Transactions
- The gift of shares to children is a related party transaction.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a personal transaction of a director.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of the stock gift transaction |
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