[Form 4] AVISTA CORP Insider Trading Activity

Rhea-AI Filing Summary

Wayne O. Manuel, identified as Senior Vice President of Avista Corp (AVA), reported equity awards granted on 10/01/2025. The Form 4 shows a grant of 405 restricted common shares at a reported price of $37.24 and a grant of 948 performance shares with an attributed price of $37.24. The form lists 11,667.9874 shares as the amount beneficially owned following the restricted-share transaction and 948 performance-share equivalents as beneficially owned following the derivative grant.

The filing discloses vesting and payout terms: the restricted shares vest in three equal installments, one-third each year over a three-year period and are payable in Avista common stock at the end of each year; the performance shares have a three-year performance cycle and will be issued at the end of that cycle only if the specified performance measure is met. The document is signed by Mr. Manuel on 10/03/2025.

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

OMB APPROVAL

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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).

1. Name and Address of Reporting Person^*

Manuel Wayne O

(Last) (First) (Middle)

1411 E MISSION

(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)
10/01/2025

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 2025	10/01/2025		A		405(1)	A	$37.24	11,667.9874	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 - 2025	(2)	10/01/2025		A		948		(3)	(3)	Common Stock	948	$37.24	948	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/Wayne O. Manuel	10/03/2025
	** 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 transactions did Avista (AVA) report for Wayne O. Manuel on 10/01/2025?

The Form 4 reports a grant of 405 restricted common shares at $37.24 and a grant of 948 performance shares attributed at $37.24 on 10/01/2025.

How do the restricted shares granted to the AVA officer vest?

The restricted shares vest 1/3 each year over a 3-year period and are payable in Avista common stock at the end of each year.

When are the performance shares from the AVA Form 4 payable?

Performance shares are awarded only if a performance measure is met; each performance cycle is 3 years and shares will be issued at the end of that 3-year cycle if the measure is met.

How many shares did the filing show as beneficially owned after the reported restricted-share transaction?

The Form 4 lists 11,667.9874 shares as the amount beneficially owned following the reported restricted-share transaction.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Wayne O. Manuel on 10/03/2025.