Form 4: Avista Corp Executive Jason R. Thackston Reports Stock Transactions

Senior Vice President Jason R. Thackston reports the conversion and tax withholding of performance shares of Avista Corp common stock.

Summary

• On March 3, 2025, Jason R. Thackston, a Senior Vice President at Avista Corp, executed transactions involving performance shares (CEPS).
• He converted 1,945 performance shares into common stock.
• 474 shares were withheld to cover income tax obligations related to the acquired performance shares at a price of $39.92 per share.
• Following these transactions, Thackston directly owns 41,441 shares of Avista Corp common stock.

Sentiment

Score: 5

Explanation: This Form 4 filing reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's perspective on the company's stock.

Comparison to Industry Standards

• Form 4 filings are a regulatory requirement for corporate insiders in the United States, ensuring transparency in their trading activities.
• Companies like Berkshire Hathaway, Apple, and Microsoft also have their executives and directors file Form 4s when they engage in transactions involving their company's stock.
• The level of detail provided in this Form 4 is consistent with standard reporting practices.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the conversion of existing performance shares into common stock and the withholding of shares for tax purposes.

Key Dates