Form 4: Avista Corp Executive David J. Meyer Reports Stock Transactions

Avista Corp's Vice President, David J. Meyer, reports the acquisition of 956 performance shares and the disposal of 290 shares for tax purposes on January 8, 2025.

Summary

• David J. Meyer, a Vice President at Avista Corp, reported transactions involving the company's stock.
• On January 8, 2025, Mr. Meyer acquired 956 common stock performance shares.
• Also on January 8, 2025, 290 shares were disposed of at a price of $36.54 per share to cover income tax obligations related to the performance shares.
• Following these transactions, Mr. Meyer directly owns 5,410 shares and indirectly owns 6.62 shares in a 401(k) plan and 3,688.86 shares in an executive deferral plan.
• Additionally, 1,737 performance shares were converted to common stock on the same date.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are typical for executives receiving performance-based compensation and managing tax obligations.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax management.

Key Dates

Keywords

Avista Corp, stock transaction, performance shares, insider trading, executive compensation, Form 4, David J. Meyer