Avista (NYSE: AVA) VP receives 1,536 restricted shares, 3,588 performance units

Rhea-AI Filing Summary

Avista Corp. Vice President Ryan L. Krasselt reported new equity awards received on February 9, 2026. He was granted 1,536 shares of common stock as a restricted share award at $40.99 per share, which vest in equal thirds over three years and are settled in Avista common stock each year.

He also received a 2026 performance share grant covering 3,588 performance shares at a reference price of $40.99. These shares are issued only if specified performance measures are met over a three‑year performance cycle, with settlement at the end of that cycle. After these grants, he beneficially owns 29,741 shares of common stock directly, plus 3,588 performance shares.

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^*

Krasselt Ryan L

(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)
	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		1,536(1)	A	$40.99	29,741	D

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		3,588		(3)	(3)	Common Stock	3,588	$40.99	3,588	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/Ryan L. Krasselt	02/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Avista Corp (AVA) report for Ryan L. Krasselt?

Avista Corp reported that Vice President Ryan L. Krasselt received equity awards on February 9, 2026. He was granted 1,536 restricted common shares and a 2026 performance share grant for 3,588 shares, both tied to multi-year vesting and performance conditions.

How many restricted Avista (AVA) shares were granted to Ryan L. Krasselt and at what price?

Ryan L. Krasselt received 1,536 restricted shares of Avista common stock at $40.99 per share. These restricted shares vest in three equal installments over a three-year period, with shares payable in Avista common stock at the end of each vesting year.

What are the terms of the 2026 performance share grant reported for Avista (AVA)?

The 2026 performance share grant covers 3,588 performance shares with a reference price of $40.99. There is no conversion price; shares are awarded only if the performance measure is met over a three-year performance cycle, with issuance at the end of that cycle.

How do the restricted shares granted to Avista’s VP Ryan Krasselt vest?

The 1,536 restricted shares granted to Ryan Krasselt vest one-third each year over a three-year period. At the end of each year in this three-year schedule, the vested portion is payable in Avista Corp. common stock, aligning compensation with long-term service.

What is the performance period for Ryan Krasselt’s Avista (AVA) 2026 performance shares?

Each performance cycle for the 2026 performance shares is three years long. Shares are issued only at the end of the three-year cycle and only if the specified performance measure is met, making the award contingent on multi-year performance outcomes.

How many Avista (AVA) shares does Ryan L. Krasselt own after these transactions?

After the reported grants, Ryan L. Krasselt beneficially owns 29,741 shares of Avista common stock directly. He also holds 3,588 performance shares from the 2026 performance share grant, which may be issued in common stock if the performance conditions are satisfied.

Was the Avista (AVA) Form 4 for Ryan Krasselt a sale or an award of shares?

The Form 4 reports awards of shares to Ryan Krasselt, not sales. He acquired 1,536 restricted common shares and 3,588 performance shares, both recorded with transaction code “A” for acquisition, reflecting equity-based compensation rather than a disposition of existing holdings.