Form 4: Avista Corp SVP, CFO & Treasurer Kevin J. Christie Reports Share Transactions
SEC Form 4 Filing
Kevin J. Christie, SVP, CFO & Treasurer of Avista Corp, reports the conversion and disposal of performance shares on March 3, 2025.
Summary
- On March 3, 2025, Kevin J. Christie, SVP, CFO & Treasurer of Avista Corp, reported transactions involving common stock performance shares.
- He converted 4,322 performance shares.
- 1,945 shares were acquired upon conversion of performance shares.
- 474 shares were disposed of to cover income tax obligations at a price of $39.92 per share.
- Following these transactions, Christie directly owns 40,552 shares of common stock and indirectly owns 3,426.3 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about share ownership.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock. It allows investors to monitor insider sentiment and potential alignment with company performance.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
- The disposal of shares to cover tax obligations has no material impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: conversion of performance shares and disposal of shares for tax obligations. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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