Avista (AVA) retired VP reports Executive Deferral Plan share withdrawal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avista Corp insider David J. Meyer, listed as “VP - Retired,” reported an internal adjustment tied to his Executive Deferral Plan. A trustee processed a retirement withdrawal of 46.19 shares held in the plan at a reference value of $41.41 per share, described as a monthly payout rather than a market trade. After this activity, indirect holdings in the Executive Deferral Plan total 2,662.96 shares, direct ownership of Avista common stock is 5,103.99 shares, and an estimated 7.11 shares are held indirectly in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MEYER DAVID J
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Shares Held in Executive Deferral Plan | 46.19 | $41.41 | $2K |
| holding | Common Stock | -- | -- | -- |
| holding | Estimated Shares held in 401(k) | -- | -- | -- |
Holdings After Transaction:
Shares Held in Executive Deferral Plan — 2,662.96 shares (Indirect, Shares Held by Trustee);
Common Stock — 5,103.99 shares (Direct);
Estimated Shares held in 401(k) — 7.11 shares (Indirect, Shares held in 401(k) Plan)
Footnotes (1)
- [object Object]
Key Figures
Deferral plan withdrawal: 46.19 shares
Reference share value: $41.41 per share
Indirect deferral plan holdings: 2,662.96 shares
+2 more
5 metrics
Deferral plan withdrawal
46.19 shares
Retirement withdrawal from Executive Deferral Plan, monthly payout
Reference share value
$41.41 per share
Value used for Executive Deferral Plan withdrawal
Indirect deferral plan holdings
2,662.96 shares
Shares held by trustee after transaction
Direct common stock holdings
5,103.99 shares
Avista common stock held directly after transaction
Estimated 401(k) holdings
7.11 shares
Estimated Avista shares in 401(k) plan
Key Terms
Executive Deferral Plan, 401(k) Plan, indirect ownership, Form 4
4 terms
Executive Deferral Plan financial
"Retirement withdrawal from Executive Deferral Plan - monthly payout"
401(k) Plan financial
"Estimated Shares held in 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "Shares Held by Trustee""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Avista (AVA) insider David J. Meyer report in this Form 4?
David J. Meyer reported a retirement withdrawal of 46.19 shares from an Executive Deferral Plan, processed by a trustee. The filing characterizes this as a monthly payout, not an open-market stock purchase or sale.
Was the Avista (AVA) Form 4 transaction a stock buy or sell?
The Form 4 describes the event as an “other” transaction under code J, reflecting a retirement withdrawal from an Executive Deferral Plan. It is presented as an internal plan payout, not an open-market stock purchase or sale.
What does the Executive Deferral Plan note mean in the Avista (AVA) Form 4?
A footnote explains the transaction as a retirement withdrawal from the Executive Deferral Plan, paid out on a monthly basis. Shares are held by a trustee, indicating an internal plan distribution instead of a discretionary market trade.
How is Meyer’s indirect ownership in Avista (AVA) structured in this filing?
Indirect ownership includes 2,662.96 shares held by a trustee in an Executive Deferral Plan and about 7.11 shares in a 401(k) plan. These positions complement his direct holding of 5,103.99 Avista common shares.