Avista (AVA) insider granted 1,353 shares at $37.24 each
Wayne O. Manuel, identified as Senior Vice President of Avista Corp (AVA), reported equity awards granted on 10/01/2025.
Rhea-AI Filing Summary
Wayne O. Manuel, identified as Senior Vice President of Avista Corp (AVA), reported equity awards granted on 10/01/2025. The Form 4 shows a grant of 405 restricted common shares at a reported price of $37.24 and a grant of 948 performance shares with an attributed price of $37.24. The form lists 11,667.9874 shares as the amount beneficially owned following the restricted-share transaction and 948 performance-share equivalents as beneficially owned following the derivative grant.
The filing discloses vesting and payout terms: the restricted shares vest in three equal installments, one-third each year over a three-year period and are payable in Avista common stock at the end of each year; the performance shares have a three-year performance cycle and will be issued at the end of that cycle only if the specified performance measure is met. The document is signed by Mr. Manuel on 10/03/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Shares Grant - 2025 | 948 | $37.24 | $35K |
| Grant/Award | Common Stock - Restricted Shares Grant 2025 | 405 | $37.24 | $15K |
Footnotes (3)
- F1. Restricted Shares vest 1/3 each year over a 3-year period and are payable in Avista Corp. Common Stock at the end of each year in the 3-year period.
- F2. No conversion price. Shares awarded if performance measure is met.
- F3. Each performance cycle is 3 years in length. Shares will be issued at the end of each 3-year cycle if performance measure is met.
FAQ
What insider transactions did Avista (AVA) report for Wayne O. Manuel on 10/01/2025?
Who signed the Form 4 and when was it signed?
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