Equity awards vest for Avista (NYSE: AVA) insider David J. Meyer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AVISTA CORP reporting person David J. Meyer (VP - Retired) reported equity award activity. On March 2, 2026, he exercised 2,627 2023 performance share units, receiving 1,051 shares of common stock. The company withheld 256 shares at $39.92 per share to cover income taxes, a non–open-market disposition. After these transactions, he held 5,103.99 shares directly, plus additional indirect holdings in a 401(k) plan and an executive deferral plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,627 shares exercised/converted
Mixed
5 txns
Insider
MEYER DAVID J
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Conversion of 2023 Performance Shares (CEPS) | 2,627 | $0.00 | -- |
| Exercise | Common Stock - Performance Shares (CEPS) | 1,051 | $0.00 | -- |
| Tax Withholding | Common Stock - Performance Shares (CEPS) | 256 | $39.92 | $10K |
| holding | Estimated Shares held in 401(k) | -- | -- | -- |
| holding | Shares Held in Executive Deferral Plan | -- | -- | -- |
Holdings After Transaction:
Conversion of 2023 Performance Shares (CEPS) — 0 shares (Direct);
Common Stock - Performance Shares (CEPS) — 5,359.99 shares (Direct);
Estimated Shares held in 401(k) — 6.93 shares (Indirect, Shares held in 401(k) Plan);
Shares Held in Executive Deferral Plan — 3,765.61 shares (Indirect, Shares Held by Trustee)
Footnotes (1)
- No conversion price. Shares awarded if performance measure is met. Shares withheld to pay income tax on Performance Shares acquired 3/2/26.
FAQ
What insider transactions did AVA reporting person David J. Meyer disclose on March 2, 2026?
David J. Meyer reported exercising 2,627 2023 performance share units and receiving 1,051 AVA common shares. The company withheld 256 shares at $39.92 per share to cover income taxes related to this equity award vesting.
Were David J. Meyer’s AVA Form 4 transactions open-market stock purchases or sales?
The AVA Form 4 shows no open-market buys or sells. Activity reflects equity award conversion and tax withholding, including a derivative exercise and share withholding to satisfy income taxes on newly acquired performance shares.
What do the footnotes in David J. Meyer’s AVA Form 4 explain about the transactions?
The Form 4 footnotes clarify that performance shares have no conversion price and are awarded only if performance goals are met. They also state that certain shares were withheld solely to pay income tax on performance shares acquired March 2, 2026.