[Form 4] Avista Corporation Insider Trading Activity
Julie A. Bentz, a director of Avista Corporation (AVA), received 91 shares of Avista common stock as director compensation on September 2, 2025. The filing states the shares were issued as an award for director compensation and as part of the director’s annual retainer. The reported per-share price used for disclosure was the closing price on August 29, 2025, listed as $36.54. After the transaction, Bentz is reported to beneficially own 13,270 shares. The Form 4 was signed and dated by Julie A. Bentz on September 4, 2025.
- Director received 91 shares as part of regular compensation, aligning her economic interest with shareholders
- Filing discloses the per-share price ($36.54) and resulting beneficial ownership (13,270 shares), supporting transparency
- None.
Insights
TL;DR: Routine director compensation in the form of shares; disclosure aligns with Section 16 requirements and is non-material to shareholders.
The Form 4 documents a standard equity award to a director as part of annual retainer compensation. The transaction code and explanation indicate this was a non-derivative issuance, not a sale or purchase in the open market. The filing provides the closing price used for reporting and the resulting beneficial ownership total, which supports transparency around insider holdings and potential alignment of director interests with shareholders. No unusual terms or derivative instruments are reported.
TL;DR: Clear, timely Section 16 disclosure of director stock award; no compliance issues apparent from the filing.
The Form 4 includes required fields: reporting person identity and address, issuer name and ticker, transaction date (09/02/2025), transaction code indicating issuance for compensation, the amount of shares issued (91), the per-share price used for disclosure ($36.54), and resulting beneficial ownership (13,270). The reporting person signed the form on 09/04/2025, consistent with prompt reporting practice. The filing does not show any sale or market transactions requiring further review.