Form 4: Avista Director Kwawu Acquires Shares as Compensation

Avista Corp. Director Sena M. Kwawu received 91 shares of common stock as part of director compensation.

Summary

• Sena M. Kwawu, a Director of Avista Corp. (AVA), acquired 91 shares of common stock.
• The transaction occurred on September 2, 2025, at a price of $36.54 per share.
• These shares were issued as an award for Director Compensation, specifically as part of the Directors annual retainer.
• Following this transaction, Kwawu Sena M beneficially owns 14,877.14 shares of Avista Corp. common stock directly.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates a director's continued alignment with shareholder interests through stock compensation, a routine and expected event.

Positives

• Director Sena M. Kwawu increased their direct beneficial ownership in Avista Corp. by acquiring 91 shares.
• The acquisition of shares as compensation aligns the director's interests with those of shareholders.

Industry Context

This is a routine insider transaction for director compensation in the utility sector, which often uses stock awards to align management and director interests with long-term company performance.

Corporate Governance

Related Party Transactions

• The acquisition of shares by a director as compensation is a related party transaction, as it involves a company insider receiving equity from the issuer.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholder value.
• Employees: No direct impact mentioned.
• Customers: No direct impact mentioned.

Key Dates

Recommendation

This is a routine insider transaction for director compensation and does not provide new material information to warrant a change in investment recommendation. It reflects standard corporate governance practices.

Keywords

Avista Corp, AVA, Sena M. Kwawu, Director Compensation, Insider Transaction, Stock Acquisition, Form 4, Utility Sector