Avista Corp (AVA) CFO converts performance shares and withholds stock for taxes

Rhea-AI Filing Summary

Avista Corp SVP, CFO & Treasurer Kevin J. Christie reported performance-based equity activity. He converted 6,808 2023 Performance Shares (CEPS), resulting in 2,724 common shares credited at no exercise price. 664 shares were withheld at $39.92 per share to cover income taxes, leaving 46,244 common shares held directly and an estimated 3,588.210 shares held indirectly in a 401(k) plan.

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^*

Christie Kevin J

(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)
	SVP, CFO & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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 - Performance Shares (CEPS)	03/02/2026		M		2,724	A	(1)	46,908	D
Common Stock - Performance Shares (CEPS)	03/02/2026		F		664	D	$39.92	46,244	D
Estimated Shares held in 401(k)								3,588.21	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 (CEPS)	(1)	03/02/2026		M			6,808	(1)	(2)	Common Stock	6,808	(1)	0	D

Explanation of Responses:

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

2. Shares withheld to pay income tax on Performance Shares acquired 3/2/26.

	/s/Kevin J. Christie	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did AVISTA CORP (AVA) report for Kevin J. Christie?

AVISTA CORP reported that Kevin J. Christie converted 6,808 2023 Performance Shares (CEPS), receiving 2,724 common shares at no exercise price. Additionally, 664 common shares were withheld at $39.92 per share to satisfy income tax obligations related to these performance share awards.

Did the AVA CFO buy or sell AVISTA CORP shares in this Form 4?

The AVA CFO acquired shares through conversion of performance-based awards and had shares withheld for taxes. He received 2,724 common shares from performance shares, while 664 shares were disposed of solely to cover income tax liabilities, not as an open-market sale.

How many AVISTA CORP shares does Kevin J. Christie hold after these transactions?

After these transactions, Kevin J. Christie directly holds 46,244 AVISTA CORP common shares. The Form 4 also reports an additional estimated 3,588.210 shares held indirectly through a 401(k) plan, reflecting his retirement-related holdings associated with the company’s stock.

What was the purpose of the 664 AVISTA CORP shares disposed of in this filing?

The 664 AVISTA CORP shares were withheld to pay income taxes tied to performance shares acquired on March 2, 2026. This is a tax-withholding disposition under code F, not an open-market sale, and helps satisfy required tax obligations automatically.

What are 2023 Performance Shares (CEPS) in AVISTA CORP’s Form 4 filing?

The 2023 Performance Shares (CEPS) are stock-based awards that convert into common shares only if a performance measure is met. The footnote states there is no conversion price, and shares are awarded contingent on the specified performance criteria being achieved.

How is Kevin J. Christie’s 401(k) ownership in AVISTA CORP reported?

The Form 4 reports an estimated 3,588.210 AVISTA CORP shares held indirectly in a 401(k) plan. These are shown under indirect ownership, reflecting plan-based holdings rather than directly held shares in a standard brokerage or personal account.