4/A: Avista Corp Senior Vice President Jason R. Thackston Reports Share Transactions

Senior Vice President of Avista Corp, Jason R. Thackston, reports the acquisition and disposal of company shares related to performance-based awards.

Summary

• Jason R. Thackston, a Senior Vice President at Avista Corp, reported transactions involving company stock on January 8, 2025.
• These transactions include the acquisition of 2,378 common stock performance shares and the disposal of 651 shares to cover income tax obligations.
• The shares were related to the conversion of 2022 performance shares, with 4,322 shares being converted.
• The price of the disposed shares was $36.54.
• Following these transactions, Mr. Thackston directly owns 33,265 shares of Avista Corp stock.

Sentiment

Score: 7

Explanation: The document reflects standard insider trading activity related to performance-based compensation. It is a neutral event with positive implications for company performance.

Positives

• The vesting of performance shares indicates that performance targets were met, which is a positive sign for the company.
• The reporting of these transactions provides transparency to investors.

Industry Context

This is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the stock ownership of company executives.

Comparison to Industry Standards

• The reporting of insider transactions is a standard practice for all publicly listed companies in the US, as mandated by the SEC.
• The use of performance-based shares as part of executive compensation is also a common practice in the industry, aligning executive interests with company performance.
• Companies like Edison International (EIX) and Sempra Energy (SRE) also regularly report similar insider transactions.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders as they indicate that performance targets were met.
• The transactions have a neutral impact on employees, customers, suppliers, and creditors.

Key Dates

Keywords

Avista Corp, insider trading, Form 4, performance shares, stock transaction, executive compensation, Jason R. Thackston