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Avista (NYSE: AVA) insider details performance and restricted stock activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Avista Corp executive Bryan Alden Cox reported equity award activity and a related tax share sale. On January 6, 2026, 1,147 "2023 Performance Shares (TSR)" converted into shares of Avista common stock at a conversion price of $0.00, reflecting an award that vests when a performance measure is met.

On the same date, 1,131 shares of common stock were disposed of at $38.95 per share to cover income taxes on restricted shares from 2023, 2024, and 2025 that vested that day. After these transactions, Cox directly owned 7,681 shares of Avista common stock and had an additional 9,986.84 shares held indirectly through a 401(k) plan.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cox Bryan Alden

(Last) (First) (Middle)
1411 E MISSION AVENUE

(Street)
SPOKANE WA 99202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AVISTA CORP [ AVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/06/2026 F 1,131(1) D $38.95 7,681 D
Estimated Shares held in 401(k) 9,986.84 I Shares held in 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Conversion of 2023 Performance Shares (TSR) (2) 01/06/2026 M 1,147 (2) (2) Common Stock 1,147 (2) 0 D
Explanation of Responses:
1. Shares sold to pay income tax on final 1/3 of 2023, second 1/3 of 2024 and first 1/3 of 2025 restricted shares that vested on January 6, 2026.
2. No conversion price. Shares awarded if performance measure is met.
/s/Bryan A. Cox 01/08/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did Avista (AVA) report for Bryan Alden Cox?

The filing shows that Senior Vice President Bryan Alden Cox had 1,147 performance shares convert into Avista common stock and disposed of 1,131 common shares on January 6, 2026, primarily to cover income taxes on vested restricted stock.

How many Avista (AVA) shares did Bryan Alden Cox sell or dispose of, and at what price?

Cox disposed of 1,131 shares of Avista common stock at a price of $38.95 per share. The footnote explains these shares were sold to pay income tax on vested restricted stock awards.

What performance-based Avista (AVA) shares vested for Bryan Alden Cox?

The filing reports the conversion of 1,147 "2023 Performance Shares (TSR)" into Avista common stock on January 6, 2026. These shares had no conversion price and were awarded if a specified performance measure was met.

How many Avista (AVA) shares does Bryan Alden Cox own after the reported transactions?

After the transactions, Cox directly owned 7,681 shares of Avista common stock and indirectly held 9,986.84 shares through a 401(k) plan.

Why were some Avista (AVA) shares sold in this insider transaction?

According to the footnote, the 1,131 shares were sold to pay income tax on the final one-third of 2023 restricted shares, the second one-third of 2024 restricted shares, and the first one-third of 2025 restricted shares that vested on January 6, 2026.

What is Bryan Alden Cox’s role at Avista (AVA) mentioned in the filing?

The reporting person, Cox Bryan Alden, is identified as an officer of Avista Corp with the title Senior Vice President.

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