[Form 5] AVISTA CORP Annual Statement of Beneficial Ownership
Gregory C. Hesler, Senior Vice President/Corporate Secretary 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 inadvertent dividend reinvestments that increased his common stock holdings: on 03/14/2025 he acquired 37.0788 shares at $40.1475 and on 06/13/2025 he acquired 49.8938 shares at $37.5066. After these transactions his beneficial ownership stood at 21,789.0788 shares following the March reinvestment and 21,838.9726 shares after the June reinvestment. The Form 5 was signed by Mr. Hesler on 09/17/2025 and notes the transactions were dividend reinvestments.
- Timely and complete disclosure of two dividend reinvestment transactions with dates, share amounts, and prices
- Signed filing by the reporting person on 09/17/2025, indicating formal compliance with Section 16 reporting
- None.
Insights
TL;DR: Officer reported small, inadvertent dividend reinvestments; no change to control or material ownership.
The Form 5 discloses two dividend reinvestment transactions that modestly increased the reporting persons common stock position. These transactions are described as inadvertent reinvestments, indicating they were not purposeful open-market acquisitions. The sizes (37.0788 shares and 49.8938 shares) are immaterial relative to institutional thresholds for control. The filing fulfils Section 16 annual reporting obligations and demonstrates routine compliance by timely reporting and manual signature.
TL;DR: Reporting appears compliant; transactions are routine and documented as dividend reinvestments.
The Form 5 provides transaction dates, share amounts, and per-share prices for two non-derivative acquisitions labeled as inadvertent dividend reinvestments. The report includes the reporting person's role as Senior Vice President/Corporate Secretary and indicates the form was filed as an individual. From a compliance standpoint, the disclosure meets required fields and includes a dated signature, reducing procedural risk. No derivative positions or other material transactions are disclosed.