Avista Corp (AVA) VP - Retired reports 933-share tax sale and 876 performance share conversion
Rhea-AI Filing Summary
Avista Corp (AVA) insider David J. Meyer, VP - Retired, reported routine equity award activity. On January 6, 2026, 876 "2023 Performance Shares (TSR)" were converted into common stock at a conversion price of $0.00 per share after performance conditions were met. On the same date, 933 shares of common stock at $38.95 per share were withheld or sold to pay income taxes related to the vesting of portions of restricted stock awards from 2023, 2024 and 2025. Following these transactions, Meyer held 7,499.9851 common shares directly, plus 6.93 estimated shares in a 401(k) plan and 3,807.88 shares in an executive deferral plan held by a trustee.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Conversion of 2023 Performance Shares (TSR) | 876 | $0.00 | -- |
| Tax Withholding | Common Stock | 933 | $38.95 | $36K |
| holding | Estimated Shares held in 401(k) | -- | -- | -- |
| holding | Shares Held in Executive Deferral Plan | -- | -- | -- |
Footnotes (1)
- Shares sold to pay income tax on final 1/3 of 2023, second 1/3 of 2024 and first 1/3 of 2025 restricted shares that vested on January 6, 2026. No conversion price. Shares awarded if performance measure is met.
FAQ
What insider activity did AVISTA CORP (AVA) report for David J. Meyer?
The filing shows that David J. Meyer, listed as "VP - Retired," reported the conversion of 876 2023 Performance Shares (TSR) into Avista Corp common stock and a related disposition of 933 common shares used to cover income taxes on vested restricted stock.
Is this Avista Corp (AVA) Form 4 transaction part of a Rule 10b5-1 trading plan?
The form includes a checkbox to indicate whether a transaction was made pursuant to a Rule 10b5-1(c) trading plan, but the excerpt does not show that box as marked. The filing does not otherwise describe a 10b5-1 plan.