Form 4: Avista Director Kevin Jacobsen Acquires Shares
Director Compensation Disclosure
Director Kevin B. Jacobsen acquired 3,538 shares of Avista Corp common stock as part of his annual director compensation.
Summary
- Director Kevin B. Jacobsen received 3,538 shares of Avista Corp (AVA) common stock.
- The transaction occurred on May 8, 2026.
- The shares were issued at a price of $40.98 per share, based on the closing price from May 7, 2026.
- This issuance represents a portion of the director's annual retainer.
- Following this transaction, the director's total beneficial ownership is 15,873 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Increased alignment between director interests and shareholder value through equity ownership.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine director compensation disclosure.
Industry Context
StockSavvy.ai notes that routine equity-based director compensation is standard practice in the utility sector to ensure long-term alignment with shareholder interests.
Comparison to Industry Standards
- The issuance of stock as part of an annual director retainer is consistent with standard corporate governance practices for publicly traded utility companies like Avista.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation event.
Key Dates
| Date | Description |
|---|---|
| 05/07/2026 | Closing price date used for share valuation. |
| 05/08/2026 | Date of the share acquisition transaction. |
| 05/11/2026 | Date of filing signature. |
Keywords
Avista, AVA, Director Compensation, Insider Transaction, Equity Award
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.