Form 4: Avista Corp. Executive Jason R. Thackston Reports Acquisition of Restricted and Performance Shares

Senior Vice President Jason R. Thackston reports acquisition of restricted and performance shares in Avista Corp.

Summary

• On February 12, 2025, Jason R. Thackston, a Senior Vice President at Avista Corp [AVA], reported the acquisition of 6,705 restricted shares at a price of $36.98.
• These restricted shares vest in three equal installments annually and are payable in Avista Corp. common stock at the end of each year over the three-year vesting period.
• Thackston also acquired 11,144 performance shares, with no conversion price, contingent upon meeting performance measures over a three-year cycle.
• These shares will be issued at the end of each three-year cycle if the performance measure is met.
• Following these transactions, Thackston directly owns 39,970 common shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting transactions by an insider. It doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of restricted and performance shares aligns the executive's interests with the company's long-term performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and alignment with company performance.

Key Dates

Keywords

Form 4, Avista Corp, Jason R. Thackston, Restricted Shares, Performance Shares, Beneficial Ownership, Insider Trading