Manuel Wayne O 4
Research Summary
AI-generated summary
Avista (AVA) SVP Manuel Wayne O Sells 1,593 Shares
What Happened
Manuel Wayne O, Senior Vice President of Avista Corp (AVA), sold 1,593 shares in an open-market transaction on 2026-05-07 at $40.98 per share, generating $65,277 in proceeds. This was a sale (disposition) rather than a purchase; sales by insiders are commonly routine and do not on their own signal a change in company outlook.
Key Details
- Date: 2026-05-07
- Transaction type: Open-market sale (Code S — disposition)
- Quantity and price: 1,593 shares at $40.98 each — proceeds $65,277
- Shares owned after transaction: Not specified in the filing provided
- Filing timeliness: Form 4 filed on 2026-05-07; no late filing indicated
- Footnotes/plan: No 10b5-1 plan, tax-withholding, or other special footnotes disclosed in the reported transaction
Context
Insider purchases tend to be more informative than single sales. A one-off, modest open-market sale by an SVP like this is common for liquidity or personal reasons and should be considered alongside other insider trades and company fundamentals before drawing conclusions.