Form 4: Avista Corp Executive Jason R. Thackston Reports Sale of 2,500 Shares

Senior Vice President & CSCEO of Avista Corp, Jason R. Thackston, reports selling 2,500 shares of common stock at $36.98 per share.

Summary

• On May 31, 2024, Jason R. Thackston, Senior Vice President & CSCEO of Avista Corp, sold 2,500 shares of Avista Corp common stock.
• The sale price was $36.98 per share.
• Following the transaction, Thackston directly owns 32,506 shares of Avista Corp common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sale. No indication of positive or negative outlook.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives, ensuring transparency in stock transactions.
• Similar filings are made by executives at comparable utility companies like Edison International (EIX) and Sempra Energy (SRE) when they engage in stock transactions.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates