[Form 4] Avista Corporation Insider Trading Activity
Avista Corporation (AVA) Form 4: Director Sena M. Kwawu received 91 shares as a stock award for director compensation on 09/02/2025, priced at the closing share price of $36.54 on August 29, 2025. The transaction is reported as an acquisition resulting from the director annual retainer. Following the award, Mr. Kwawu is shown as beneficially owning 14,877.14 shares directly. The filing is a routine Section 16 disclosure documenting compensation-related equity granted to a director and is signed on 09/04/2025.
- None.
- None.
Insights
TL;DR: A routine director stock award of 91 shares; immaterial to AVA's capitalization or earnings.
The reported transaction reflects a standard director compensation payment in shares rather than cash, with 91 shares issued at the closing price of $36.54 on August 29, 2025. The incremental change in ownership is small relative to the director's total reported beneficial holdings of 14,877.14 shares. There is no indication of related derivative transactions, sales, or material changes to control. For investors, this is a routine disclosure with negligible impact on valuation or share count.
TL;DR: Standard governance practice: equity retainer for board service; disclosure meets Section 16 requirements.
The Form 4 documents an award tied to the director annual retainer, aligning with common governance practices to compensate directors with equity. The filing includes the necessary details: transaction date, number of shares, per-share price used for valuation, and resulting beneficial ownership. There are no red flags such as late reporting, option exercises, or related-party transfers. This is a routine compliance filing signaling typical director compensation.