Avista Corp (AVA) VP Scott Kinney reports award conversion and tax share sale
Rhea-AI Filing Summary
Avista Corp vice president Scott J. Kinney reported equity award activity and related tax withholding. On January 6, 2026, 938 shares of common stock were issued upon the conversion of 2023 performance shares tied to total shareholder return, with no cash exercise price because the shares were awarded if the performance measure was met. On the same date, 1,023 shares of common stock at $38.95 per share were sold to cover income taxes on multiple restricted share tranches that vested that day. After these transactions, Kinney directly held 10,518.7289 shares of Avista common stock and indirectly held 1,385.52 estimated shares through a 401(k) plan.
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FAQ
What insider activity did AVISTA CORP (AVA) report for Scott J. Kinney?
Scott J. Kinney, a vice president of Avista Corp, reported a conversion of performance-based equity into 938 shares of common stock and a related tax-sale of 1,023 shares of common stock on January 6, 2026.
How many Avista (AVA) shares did Scott J. Kinney sell or withhold for taxes?
Kinney reported the sale of 1,023 shares of Avista common stock at $38.95 per share, with the footnote explaining that the shares were sold to pay income tax on restricted shares that vested on January 6, 2026.
What equity awards converted to Avista (AVA) common stock for Scott J. Kinney?
A derivative award titled "Conversion of 2023 Performance Shares (TSR)" converted into 938 shares of Avista common stock. The footnote states there was no conversion price and that shares were awarded if a performance measure was met.
How many Avista (AVA) shares does Scott J. Kinney hold after the reported transactions?
Following the reported transactions, Kinney directly held 10,518.7289 shares of Avista common stock and indirectly held 1,385.52 estimated shares through a 401(k) plan.
What does transaction code "F" mean in Scott J. Kinney’s Avista (AVA) Form 4?
The Form 4 shows code "F" for the 1,023-share common stock transaction, with a footnote explaining the shares were sold to pay income tax on restricted shares that vested on January 6, 2026.
Does Scott J. Kinney hold Avista (AVA) shares through a retirement plan?
Yes. The Form 4 lists 1,385.52 estimated shares held indirectly as "Shares held in 401(k) Plan", indicating ownership through a retirement plan.