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Avista Corp (AVA) VP - Retired reports 933-share tax sale and 876 performance share conversion

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Avista Corp (AVA) insider David J. Meyer, VP - Retired, reported routine equity award activity. On January 6, 2026, 876 "2023 Performance Shares (TSR)" were converted into common stock at a conversion price of $0.00 per share after performance conditions were met. On the same date, 933 shares of common stock at $38.95 per share were withheld or sold to pay income taxes related to the vesting of portions of restricted stock awards from 2023, 2024 and 2025. Following these transactions, Meyer held 7,499.9851 common shares directly, plus 6.93 estimated shares in a 401(k) plan and 3,807.88 shares in an executive deferral plan held by a trustee.

Positive

  • None.

Negative

  • None.
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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
MEYER DAVID 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
Officer (give title below) X Other (specify below)
VP - Retired
3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026
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 01/06/2026 F 933(1) D $38.95 7,499.9851 D
Estimated Shares held in 401(k) 6.93 I Shares held in 401(k) Plan
Shares Held in Executive Deferral Plan 3,807.88 I Shares Held by Trustee
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 (TSR) (2) 01/06/2026 M 876 (2) (2) Common Stock 876 (2) 0 D
Explanation of Responses:
1. Shares sold to pay income tax on final 1/3 of 2023, second 1/3 of 2024 and first 1/3 of 2025 restricted shares that vested on January 6, 2026.
2. No conversion price. Shares awarded if performance measure is met.
/s/David J. Meyer 01/08/2026
** 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 activity did AVISTA CORP (AVA) report for David J. Meyer?

The filing shows that David J. Meyer, listed as "VP - Retired," reported the conversion of 876 2023 Performance Shares (TSR) into Avista Corp common stock and a related disposition of 933 common shares used to cover income taxes on vested restricted stock.

How many Avista Corp (AVA) shares did David J. Meyer dispose of, and at what price?

Meyer disposed of 933 shares of Avista Corp common stock at a price of $38.95 per share. According to the footnote, these shares were sold to pay income tax on portions of restricted shares that vested on January 6, 2026.

What are the details of the 2023 Performance Shares (TSR) conversion reported for AVA?

The filing reports a derivative transaction labeled "Conversion of 2023 Performance Shares (TSR)" with a transaction code M. 876 derivative units were converted into 876 shares of common stock at a stated conversion price of $0.00 per share, with a footnote explaining that there is no conversion price and that shares are awarded if the performance measure is met.

How many Avista Corp (AVA) shares does David J. Meyer own after these transactions?

After the reported transactions, Meyer directly owned 7,499.9851 common shares. Indirectly, he had 6.93 estimated shares held in a 401(k) plan and 3,807.88 shares held in an executive deferral plan by a trustee.

Why were 933 Avista Corp (AVA) shares sold or withheld in this Form 4?

A footnote states that the 933 shares were sold to pay income tax on the final one-third of 2023 restricted shares, the second one-third of 2024 restricted shares, and the first one-third of 2025 restricted shares that vested on January 6, 2026.

Is this Avista Corp (AVA) Form 4 transaction part of a Rule 10b5-1 trading plan?

The form includes a checkbox to indicate whether a transaction was made pursuant to a Rule 10b5-1(c) trading plan, but the excerpt does not show that box as marked. The filing does not otherwise describe a 10b5-1 plan.

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