Form 4: Avista Corp Executive Cox Sells Shares
SEC Form 4
Senior Vice President Bryan Alden Cox of Avista Corp reports selling 1,716 shares of common stock on June 6, 2024.
Summary
- Bryan Alden Cox, a Senior Vice President at Avista Corp, reported a transaction involving the company's common stock.
- On June 6, 2024, Cox sold 1,716 shares at a price of $35.6978 per share.
- Following the transaction, Cox directly owns 7,196 shares of Avista Corp common stock.
- Cox also indirectly owns 5,980.55 shares held by a trustee and an estimated amount held in a 401(k).
Sentiment
Score: 5
Explanation: Neutral. This is a standard Form 4 filing indicating an insider stock sale. Without additional context, it's neither particularly positive nor negative.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider activity as it can provide insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, potentially leading to slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of transaction: Sale of 1,716 shares of common stock. |
| 06/10/2024 | Date of signature on the Form 4 filing. |
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