Form 4: Avista Corp Director Sena M. Kwawu Reports Stock Award and Retainer

Director Sena M. Kwawu reports acquisition of Avista Corp shares as part of director compensation and annual retainer.

Summary

• On May 5, 2025, Sena M. Kwawu, a director of Avista Corp, reported the acquisition of 3,232 shares of common stock.
• These shares were received 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, Kwawu directly owns 14,786.14 shares of Avista Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and aligns director interests with shareholders.

Positives

• The director's acquisition of shares demonstrates confidence in the company.

Industry Context

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

Comparison to Industry Standards

• Director compensation packages vary widely across industries and company sizes.
• Stock awards are a typical component of director compensation, often vesting over a period of years to incentivize long-term commitment.
• Comparing Avista Corp's director compensation structure to that of similar-sized utilities companies would provide a more detailed benchmark.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Avista Corp, Director Compensation, Stock Award, Form 4, Sena M. Kwawu, Director, AVA, Retainer