Avista (NYSE: AVA) VP receives 2026 restricted and performance share grants

Rhea-AI Filing Summary

Avista Corp granted equity awards to Vice President Alexis G. Alexander. On 02/09/2026, Alexander received 1,464 shares of common stock as a 2026 restricted share grant at $40.99 per share, increasing directly held common stock to 4,307 shares.

Alexander was also granted 3,416 2026 performance shares at $40.99 per share. The restricted shares vest in three equal annual installments over three years and are delivered in Avista common stock each year. The performance shares are earned and issued only if stated performance measures are met over a three‑year cycle.

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^*

Alexander Alexis G.

(Last) (First) (Middle)

1411 E MISSION AVE

(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		1,464(1)	A	$40.99	4,307	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		3,416		(3)	(3)	Common Stock	3,416	$40.99	3,416	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/Alexis G. Alexander	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).
** 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 equity awards were reported for AVISTA CORP (AVA)?

Avista reported equity grants to Vice President Alexis G. Alexander. On 02/09/2026, Alexander received 1,464 restricted common shares and 3,416 performance shares, both valued at $40.99 per share, increasing directly held common stock to 4,307 shares after the restricted share grant.

How many restricted shares did the Avista VP receive in the 2026 grant?

Alexander received 1,464 restricted shares of Avista common stock as a 2026 grant. These shares vest in three equal annual installments over a three‑year period and are payable in Avista common stock at the end of each year in that three‑year schedule.

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

The 2026 performance share grant covers 3,416 performance shares for Alexander. There is no conversion price; shares are awarded only if performance measures are met over a three‑year performance cycle, with common shares issued at the end of that three‑year period if those metrics are achieved.

Who is the reporting person in this Avista Form 4 filing?

The reporting person is Alexis G. Alexander, a Vice President of Avista Corp. The filing shows Alexander as an officer, not a director or 10% owner, and indicates all reported holdings and transactions are directly owned, without any noted indirect ownership through other entities.

What is the vesting schedule for the Avista 2026 restricted shares?

The 2026 restricted shares vest one‑third each year over three years. At the end of each year in the three‑year period, vested restricted shares are settled in Avista Corp. common stock, aligning ongoing share delivery with continued service over the vesting timeline.