Avista (NYSE: AVA) SVP awarded restricted and performance shares

Rhea-AI Filing Summary

Avista CorpFebruary 9, 20262,488 shares$40.99

After this grant, he directly holds 10,169 common sharesPerformance Shares Grant – 20265,807 performance shares$40.99

These performance shares relate to a three‑year performance cycle, with shares issued at the end of the cycle if performance goals are met. In addition, Cox has an indirect holding of approximately 9,986.84 shares

02/10/2026 - 04:44 PM

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

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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)
02/09/2026

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 - Restricted Shares Grant 2026	02/09/2026		A		2,488(1)	A	$40.99	10,169	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
Performance Shares Grant - 2026	(2)	02/09/2026		A		5,807		(3)	(3)	Common Stock	5,807	$40.99	5,807	D

Explanation of Responses:

1. Restricted Shares vest 1/3 each year over a 3-year period and are payable in Avista Corp. Common Stock at the end of each year in the 3-year period.

2. No conversion price. Shares awarded if performance measure is met.

3. Each performance cycle is 3 years in length. Shares will be issued at the end of each 3-year cycle if performance measure is met.

	/s/Bryan A. Cox	02/10/2026
	** 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).
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FAQ

What did Avista (AVA) executive Bryan Alden Cox report on this Form 4?

Bryan Alden Cox reported new equity awards in Avista Corp stock. He received 2,488 restricted common shares and a 2026 Performance Shares Grant for 5,807 performance shares, both at a reference price of $40.99 per share, plus disclosed updated direct and 401(k) holdings.

How many restricted Avista (AVA) shares did Bryan Cox receive and at what price?

Bryan Cox received 2,488 restricted shares of Avista Corp common stock at $40.99 per share. These shares are part of a 2026 restricted stock grant and increase his directly held common stock to 10,169 shares following the reported transaction on February 9, 2026.

What are the vesting terms for Bryan Cox’s Avista restricted stock grant?

The restricted shares vest in three equal installments over three years. One‑third of the 2,488 restricted shares becomes payable in Avista common stock at the end of each year in the three‑year period, subject to the plan’s standard conditions for continued vesting.

How does the Avista 2026 Performance Shares Grant to Bryan Cox work?

The 2026 Performance Shares Grant covers 5,807 performance shares with no fixed conversion price. Each performance cycle lasts three years, and shares are issued at the end of the three‑year cycle only if the specified performance measure is met under the award’s terms.

What Avista (AVA) shareholdings does Bryan Cox report in his 401(k) plan?

Bryan Cox reports indirect ownership of approximately 9,986.84 Avista shares held in a 401(k) plan. These shares are listed as “Estimated Shares held in 401(k)” with indirect ownership, separate from his directly held common stock and performance-based equity awards.

What is Bryan Cox’s role at Avista Corp related to this equity award?

Bryan Cox is identified as a Senior Vice President of Avista Corp in this filing. As a corporate officer, his equity compensation includes restricted stock and performance shares, aligning his interests with shareholders through time-based vesting and performance-based stock issuance.