[Form 5] AVISTA CORP Annual Statement of Beneficial Ownership
Manuel Wayne O, a Vice President of Avista Corp (AVA), filed a Form 5 reporting annual changes in his beneficial ownership for the fiscal year ended 09/16/2025. The filing shows two non-derivative acquisitions from inadvertent dividend reinvestments: on 03/14/2025 he acquired 43.5718 shares at an average price of $40.1475, bringing his holdings to 11,222.5718 shares; on 06/13/2025 he acquired 40.4156 shares at $37.5066, bringing holdings to 11,262.9874 shares. The form is signed by Wayne O. Manuel on 09/17/2025. The transactions are labeled as inadvertent reinvestment of dividends.
- Increased ownership through dividend reinvestment raised holdings to 11,262.9874 shares
 - Timely corrective disclosure via Form 5 and signed certification on 09/17/2025
 
- Inadvertent reinvestment language indicates prior reporting controls missed timely Form 4 reporting
 
Insights
TL;DR: Routine insider report showing modest share increases from dividend reinvestment, not a material change to ownership.
The reported additions are small relative to the issuer's likely public float and arose from dividend reinvestment rather than market purchases or option exercises. The two transactions added a combined 83.9874 shares over the year, a de minimis change versus the reported total holding of 11,262.9874 shares. Financial impact on valuation or control is negligible; disclosure appears to correct annual Section 16 reporting for reinvested dividends.
TL;DR: Filing is a routine compliance disclosure; 'inadvertent' label suggests minor administrative oversight in prior reporting.
Form 5 is used to report changes not previously reported during the year. Labeling the transactions as inadvertent reinvestment of dividends indicates the shares resulted from a dividend plan and were not timely reported on Form 4, so this Form 5 cures that. The signing and specificity of amounts and prices align with standard Section 16 corrective practice; no governance red flags beyond the administrative lapse are evident from this filing alone.