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Avista Corp (AVA) VP discloses equity vesting and 409-share tax sale

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

Rhea-AI Filing Summary

Avista Corp vice president Alexis G. Alexander reported equity award vesting and a related tax share sale. On January 6, 2026, 214 shares tied to 2023 performance shares (TSR) were converted into common stock with no conversion price, reflecting that these shares are awarded only if a performance goal is met. On the same date, 409 shares of Avista common stock were disposed of at $38.95 per share to cover income taxes on restricted shares from 2023, 2024, and 2025 that vested that day. After these transactions, Alexander directly held 2,843 shares of Avista common stock.

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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*
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)
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 409(1) D $38.95 2,843 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 (TSR) (2) 01/06/2026 M 214 (2) (2) Common Stock 214 (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/Alexis G. Alexander 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 Alexis G. Alexander?

Avista reported that vice president Alexis G. Alexander had performance-based shares convert into common stock and sold some common shares to cover income taxes tied to restricted stock vesting.

How many AVA shares did Alexis G. Alexander sell on January 6, 2026?

Alexander disposed of 409 shares of Avista common stock on January 6, 2026 at a price of $38.95 per share, according to the filing.

Why were 409 AVA shares sold by the Avista vice president?

The filing states that the 409 shares were sold to pay income tax on portions of 2023, 2024, and 2025 restricted shares that vested on January 6, 2026.

What happened to Alexis G. Alexander’s 2023 performance shares (TSR) in AVA?

214 shares associated with 2023 performance shares (TSR) were converted into Avista common stock with no conversion price, and these shares were awarded only because the performance measure was met.

How many AVA shares does Alexis G. Alexander hold after these transactions?

Following the reported transactions, Alexis G. Alexander directly owned 2,843 shares of Avista common stock.

What is the role of Alexis G. Alexander at AVISTA CORP (AVA)?

According to the filing, Alexis G. Alexander is an officer of Avista Corp, serving as a Vice President.

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