Form 4: Avista VP Reports Routine Stock Transactions

Avista Corp.'s Vice President, Latisha Diane Hill, reported the sale of 978 common shares for tax obligations and the conversion of 876 performance shares into common stock.

Summary

• Latisha Diane Hill, Vice President of Avista Corp., reported transactions on January 6, 2026.
• 978 shares of common stock were disposed of at a price of $38.95 per share to cover income tax liabilities on restricted shares that vested.
• The vesting restricted shares included the final one-third of 2023, the second one-third of 2024, and the first one-third of 2025 grants.
• 876 derivative performance shares (TSR) were converted into common stock, indicating that performance measures were met.
• Following these transactions, Ms. Hill directly owns 16,543.6809 shares of common stock.
• Additionally, 975.07 shares are held indirectly in a 401(k) plan.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation (vesting, tax payment, performance share conversion) and does not indicate any unusual or unexpected events that would significantly alter sentiment.

Positives

• Performance measures for 2023 Performance Shares (TSR) were met, leading to the conversion of 876 derivative securities into common stock.

Negatives

• A total of 978 common shares were sold, reducing direct beneficial ownership, although this was for tax payment purposes.

Future Outlook

NA

Industry Context

This Form 4 filing details routine insider transactions related to executive compensation, which is a standard practice across publicly traded companies. It does not provide broader industry context.

Stakeholder Impact

• Shareholders: Minimal impact as these are routine, pre-scheduled insider transactions related to executive compensation and tax obligations, not indicative of a change in company fundamentals or strategy.
• Employees: No direct impact on general employees.

Key Dates

Keywords

Avista Corp, AVA, Form 4, Insider Transaction, Stock Sale, Restricted Stock, Performance Shares, Executive Compensation, Tax Obligations