[Form 5] AVISTA CORP Annual Statement of Beneficial Ownership
Scott J. Kinney, a vice president and director of Avista Corp (AVA), reported annual Section 16 changes on Form 5. The filing discloses a non-derivative purchase of 26.7289 common shares on 03/14/2025 at a price of $40.1475 per share, an action described as an inadvertent reinvestment of dividends (March 2025). At the end of the fiscal year he reported 11,541.7289 shares beneficially owned directly and 1,323.01 shares beneficially owned indirectly through a 401(k) plan. The form is routine annual reporting of insider holdings and small dividend reinvestment activity.
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Insights
TL;DR: Routine insider filing showing a small dividend reinvestment and unchanged executive status; no material corporate governance change.
The Form 5 documents a minor non-derivative acquisition of 26.7289 shares by an officer/director due to dividend reinvestment. The report reconfirms his roles as Vice President and Director and discloses direct and indirect holdings, including 1,323.01 shares held in a 401(k). This is a compliance-focused disclosure to satisfy Section 16 annual reporting obligations and does not indicate any governance actions, leadership changes, or related-party transactions beyond normal employee benefit plan activity.
TL;DR: Small, non-material insider purchase reported; transaction stems from dividend reinvestment rather than an active open-market trade.
The filing reports an acquisition at $40.1475 per share on 03/14/2025 described as an inadvertent dividend reinvestment. Reported end-of-year beneficial ownership is 11,541.7289 shares (direct) plus 1,323.01 shares (indirect) in a 401(k). Given the size and nature of the transaction, this Form 5 appears informational and unlikely to be material to AVA's valuation or share float.