4/A: Avista Corp Executive Reports Stock Transactions Following Performance Share Vesting

Gregory Curtis Hesler, a Senior Vice President at Avista Corp, reported the acquisition and disposal of company stock related to the vesting of performance shares.

Summary

• Gregory Curtis Hesler, a Senior Vice President at Avista Corp, reported changes in his beneficial ownership of company stock.
• The transactions occurred on January 8, 2025, and involved the vesting of performance shares.
• Hesler acquired 1,202 common stock shares through the vesting of performance shares.
• He also disposed of 364 shares to cover income tax obligations related to the vesting.
• The price of the disposed shares was $36.54.
• Following these transactions, Hesler's direct holdings decreased by 364 shares to 14,303 shares.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative in itself. The transactions are related to performance share vesting, which is a standard part of executive compensation.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the compensation and ownership changes of key personnel.

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 vesting of performance shares is a common form of executive compensation, and the tax withholding is a standard procedure.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect changes in insider ownership.
• The transactions are part of the executive compensation plan, which is relevant to employees.

Key Dates

Keywords

Avista Corp, stock transaction, performance shares, insider trading, Form 4, executive compensation, share vesting