Avista Corp (AVA) insider files Rule 144 to sell 7,400 common shares
Rhea-AI Filing Summary
Avista Corp (AVA) has a director planning to sell common stock under SEC Rule 144. The notice covers the proposed sale of 7,400 shares of Avista common stock through broker Neuberger Berman BD LLC on the NYSE, with an approximate sale date of 12/12/2025. The aggregate market value of the planned sale is listed as $286,676, and Avista has 80,289,267 shares of common stock outstanding.
The shares to be sold were acquired over time through director stock issuances from 2017 to 2023, rather than open-market purchases. By signing the notice, the seller represents that they are not aware of any material adverse, non-public information about Avista’s current or future operations.
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FAQ
What does the Form 144 filing for Avista Corp (AVA) disclose?
The filing discloses that a person related to Avista Corp intends to sell 7,400 shares of Avista common stock under SEC Rule 144, using broker Neuberger Berman BD LLC on the NYSE around 12/12/2025.
How many Avista (AVA) shares are planned to be sold and what is their value?
The notice states that 7,400 common shares of Avista are to be sold, with an aggregate market value of $286,676 as reported in the filing.
How many Avista (AVA) shares are outstanding according to this notice?
The document reports that there are 80,289,267 shares of Avista common stock outstanding, providing context for the planned Rule 144 sale.
How were the Avista (AVA) shares being sold under Rule 144 acquired?
The shares were acquired through multiple director stock issuances between 2017 and 2023, rather than through cash market purchases, with specific grants on dates such as 09/27/2017, 05/23/2018, 06/13/2019, 09/11/2019, 05/13/2021, and 05/15/2023.
What representation does the seller make in the Avista (AVA) Form 144 notice?
By signing the notice, the seller represents that they do not know any material adverse information about Avista’s current or prospective operations that has not been publicly disclosed.
Which exchange and broker are involved in the planned sale of Avista (AVA) shares?
The filing lists Neuberger Berman BD LLC as the broker and names the NYSE as the securities exchange where the 7,400 Avista common shares are expected to be sold.