MEYER DAVID J 4
Research Summary
AI-generated summary
Avista (AVA) VP (Ret.) David J. Meyer Sells 417 Shares to Cover Taxes
What Happened
- David J. Meyer, a retired vice president of Avista Corporation (AVA), had 417 shares disposed on February 2, 2026 as a tax withholding action (code F) related to vested restricted stock. The shares were priced at $41.41 each for a total of approximately $17,268. This was a withholding sale to cover income tax liability on vested awards, not an open-market investment sale.
Key Details
- Transaction date: February 2, 2026; Filing date: February 4, 2026 (filed within the typical 2-business-day window).
- Shares sold/withheld: 417 at $41.41 each; total value ≈ $17,268.
- Transaction code: F (tax withholding/payment of tax liability).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: The sale covered income tax on the second 1/3 of 2024 and first 1/3 of 2025 restricted shares that vested on Feb 2, 2026 upon his retirement. Separately, 2,774 shares were forfeited and removed from his holdings because they will not vest due to retirement.
Context
- This was a tax-withholding disposal tied to vested restricted shares (common when awards vest or an executive retires). Such withholding sales are routine administrative events and do not necessarily signal the insider’s view on the company’s stock.