Form 4: Avista Corp Vice President Scott J. Kinney Reports Stock Transactions

Avista Corp's Vice President, Scott J. Kinney, executed transactions involving performance shares, including acquisition and tax-related disposals, on January 8, 2025.

Summary

• Scott J. Kinney, a Vice President at Avista Corp, reported transactions involving the company's common stock on January 8, 2025.
• Kinney acquired 956 performance shares and disposed of 290 shares to cover income tax obligations.
• The disposal of shares was at a price of $36.54 per share.
• Following these transactions, Kinney directly owns 8,079 shares and indirectly owns 1,323.1 shares through a 401(k) plan.
• Additionally, 1,737 performance shares were converted to common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.

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 transactions are typical for executives receiving performance-based compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent a small portion of the total outstanding shares.

Key Dates

Keywords

Avista Corp, insider trading, performance shares, stock transaction, Form 4, Scott J. Kinney, executive compensation