Form 4: Avista Corp Executive Reports Stock Gift

Senior Vice President Jason R. Thackston gifted 3,210 shares of Avista Corp common stock to Whitworth University.

Summary

• Jason R. Thackston, Senior Vice President of Avista Corp, executed a gift of 3,210 shares of common stock.
• The transaction occurred on May 14, 2026, at a valuation of $41.16 per share.
• Following this transaction, the reporting person retains beneficial ownership of 41,578 shares of Avista Corp common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a charitable donation rather than a market-driven divestment.

Positives

• The transaction represents a charitable contribution to an educational institution, which is a neutral to positive signal regarding the executive's long-term commitment to the community.

Negatives

• The transaction results in a reduction of the executive's direct equity stake in the company.

Risks

• None identified; this is a routine disclosure of a charitable gift.

Future Outlook

Not applicable as this is a retrospective disclosure of a stock gift.

Industry Context

StockSavvy.ai notes that charitable gifts by corporate insiders are common and generally do not signal a lack of confidence in the company's future performance, unlike open-market sales.

Comparison to Industry Standards

• The transaction is consistent with standard executive equity management practices in the utility sector.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a charitable gift and does not reflect a change in corporate strategy or financial health.

Key Dates

Keywords

Avista Corp, AVA, Insider Trading, Form 4, Equity Ownership, Executive Compensation