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

Rhea-AI Filing Summary

Avista Corp vice president Joshua D. DiLuciano reported equity award activity involving performance-based shares. On March 2, 2026, a 2023 performance share award (CEPS) was converted for 2,814 performance shares with no conversion price, reflecting that the performance measure was met. This resulted in the acquisition of 1,126 shares of Avista common stock through the performance share program. On the same date, 274 common shares were withheld at $39.92 per share to cover income tax obligations related to the award. After these transactions, DiLuciano directly owned 13,009.07 shares of Avista common stock.

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^*

DiLuciano Joshua D

(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)
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		1,126	A	(1)	13,283.07	D
Common Stock - Performance Shares (CEPS)	03/02/2026		F		274(2)	D	$39.92	13,009.07	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
Conversion of 2023 Performance Shares (CEPS)	(1)	03/02/2026		M			2,814	(1)	(1)	Common Stock	2,814	(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/Joshua D. DiLuciano	03/03/2026
	** 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 transactions did Avista (AVA) vice president Joshua DiLuciano report?

Joshua D. DiLuciano reported conversion of 2023 performance shares and related tax withholding. He acquired 1,126 Avista common shares from performance shares, while 274 shares were withheld at $39.92 each to satisfy income tax obligations tied to the award.

How many Avista (AVA) shares did Joshua DiLuciano acquire from performance shares?

He acquired 1,126 Avista common shares from performance share awards. These shares came from a 2023 performance share (CEPS) program, where 2,814 performance shares were converted after performance conditions were met, according to the Form 4 insider transaction details.

Why were some Avista (AVA) shares disposed of in Joshua DiLuciano’s Form 4?

A total of 274 Avista common shares were disposed of to cover income tax. The Form 4 states these shares were withheld at $39.92 per share to pay income tax on performance shares acquired on March 2, 2026, rather than being sold on the open market.

What was the conversion related to Avista (AVA) 2023 performance shares (CEPS)?

The 2023 performance shares (CEPS) converted when their performance measure was met, with 2,814 performance shares exercised at no conversion price. This conversion generated 1,126 Avista common shares for Joshua D. DiLuciano under the company’s performance share program.

How many Avista (AVA) shares does Joshua DiLuciano own after these transactions?

After the reported transactions, Joshua D. DiLuciano directly owned 13,009.07 Avista common shares. This figure reflects the net effect of acquiring 1,126 shares from performance awards and the withholding of 274 shares for income tax purposes on March 2, 2026.

What do the tax-withholding transactions mean in the Avista (AVA) Form 4?

The tax-withholding transaction shows 274 Avista shares used to pay income tax on performance awards. Labeled with code F, it indicates payment of tax liability by delivering securities, rather than a traditional open-market sale, at a reported price of $39.92 per share.