4/A: Avista SVP Amends Share Ownership Filing

Avista Corp's Senior Vice President, Jason R. Thackston, filed an amended Form 4 to correct previously reported beneficial ownership of performance shares.

Summary

• Jason R. Thackston, Senior Vice President of Avista Corp (AVA), filed an amended Form 4 to correct the total amount of beneficially owned shares.
• On March 2, 2026, Thackston acquired 2,052 shares of Common Stock Performance Shares (CEPS) through a conversion of 2023 Performance Shares.
• Following this acquisition, the initially reported beneficial ownership was 45,288 shares.
• Also on March 2, 2026, 500 shares of Common Stock Performance Shares (CEPS) were disposed of at a price of $39.92 per share to cover income tax obligations.
• The corrected beneficial ownership after these transactions is 44,788 shares, rectifying an incorrect addition in the original filing.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral event. While an error in a previous filing is a minor negative, the prompt correction through an amendment is a positive for transparency and compliance, balancing the overall sentiment.

Positives

• The amendment demonstrates transparency and accuracy in reporting beneficial ownership, correcting a previous error.

Negatives

• The original filing contained an error in calculating the total amount of shares beneficially owned, necessitating this amendment.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings, particularly amendments, are routine disclosures for corporate insiders and typically do not reflect broader industry trends or competitive dynamics. This specific amendment focuses on correcting a clerical error in share count.

Stakeholder Impact

• Shareholders: Provides updated and accurate information regarding an executive's beneficial ownership, ensuring transparency.

Key Dates

Recommendation

This Form 4/A filing is an amendment to correct a clerical error in an executive's beneficial ownership. It does not contain information that would fundamentally alter the investment thesis for Avista Corp. As such, it is unlikely to have a significant impact on the stock price, and a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than this specific disclosure.

Keywords

Avista Corp, AVA, Form 4/A, Beneficial Ownership, Performance Shares, Executive Compensation, SEC Filing, Jason R. Thackston