Avista (NYSE: AVA) SVP awarded restricted and performance shares
Filing Impact
Filing Sentiment
Form Type
4
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
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Cox Bryan Alden
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Shares Grant - 2026 | 5,807 | $40.99 | $238K |
| Grant/Award | Common Stock - Restricted Shares Grant 2026 | 2,488 | $40.99 | $102K |
| holding | Estimated Shares held in 401(k) | -- | -- | -- |
Holdings After Transaction:
Performance Shares Grant - 2026 — 5,807 shares (Direct);
Common Stock - Restricted Shares Grant 2026 — 10,169 shares (Direct);
Estimated Shares held in 401(k) — 9,986.84 shares (Indirect, Shares held in 401(k) Plan)
Footnotes (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. No conversion price. Shares awarded if performance measure is met. 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.
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.
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.