BURKE DONALD C 4
Research Summary
AI-generated summary
Avista (AVA) Director Donald C. Burke Receives Stock Award
What Happened
Donald C. Burke, a director of Avista Corp (AVA), was issued 3,538 shares as a stock award (transaction code A) on May 8, 2026. The shares were valued at $40.98 each (closing price on May 7, 2026), for a total reported value of $144,987. This was an issuance of compensation (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-05-08; Form 4 filed: 2026-05-11 (filing appears timely)
- Shares received: 3,538 at $40.98 per share; total value ≈ $144,987
- Transaction type/code: Award/Grant (A) — issued as director compensation/annual retainer
- Footnotes: F1 — shares issued as award for Director Compensation; price is May 7, 2026 close. F2 — issued as part of the director annual retainer.
- Shares owned after transaction: Not specified in the provided filing excerpt
Context
This was a routine director compensation award, which is common and typically reflects standard retainer practices rather than a market view by the insider. Awards count as acquisitions on Form 4 but do not necessarily signal a buy decision like an open-market purchase by an insider would.