AVA Form 4: Director Kevin Jacobsen awarded 91 shares worth $36.54 each
Rhea-AI Filing Summary
Avista Corporation director Kevin B. Jacobsen received 91 shares of Avista common stock as director compensation. The Form 4 reports a transaction dated 09/02/2025 showing an acquisition (A) of 91 shares recorded at a price of $36.54 per share, which the filer notes is the closing price on August 29, 2025. After the grant, Mr. Jacobsen beneficially owns 12,335 shares. The filing is signed by Kevin B. Jacobsen on 09/04/2025 and identifies his relationship to the issuer as a director.
Positive
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Insights
TL;DR: Routine director compensation grant; small equity award increases insider alignment without indicating strategic change.
The Form 4 documents a standard issuance of 91 common shares to a director as part of an annual retainer. The transaction is recorded at the market closing price on August 29, 2025, and raises the director's beneficial holdings to 12,335 shares. This appears to be a recurring, nondiscretionary compensation practice rather than a special transaction and carries limited material impact on equity structure or control.
TL;DR: Insignificant in monetary and ownership terms; no evidence of unusual timing or rule 10b5-1 plan use.
The reported grant of 91 shares at $36.54 equals approximately $3,320 in value, a de minimis change relative to typical market capitalization. The filing checks indicate a single reporting person and identify the relationship as director. There is no indication in the filing of derivative transactions, disposals, or amendments and no shown use of a 10b5-1 trading plan. For investors, this is a routine disclosure without material implications for Avista's capital structure.