Avista Corp (NYSE: AVA) VP converts performance shares, withholds stock for taxes

Rhea-AI Filing Summary

Avista Corp vice president Ryan L. Krasselt reported equity compensation activity involving performance shares and related tax withholding. He exercised 2023 Performance Shares (CEPS) covering 2,627 units with no conversion price, reflecting shares awarded when a performance measure was met.

Following the conversion, he acquired 1,051 shares of Avista common stock from performance shares and ended with 30,792 common shares directly owned. To cover income taxes on the shares acquired on March 2, 2026, 255 common shares were disposed of at $39.92 per share, leaving him with 30,537 directly held common shares.

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^*

Krasselt Ryan L

(Last) (First) (Middle)

1411 E MISSION AVENUE

(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		1,051	A	(1)	30,792	D
Common Stock - Performance Shares (CEPS)	03/02/2026		F		255(2)	D	$39.92	30,537	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			2,627	(1)	(1)	Common Stock	2,627	(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/Ryan L. Krasselt	03/03/2026
	** 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 transactions did Avista Corp (AVA) report for Ryan L. Krasselt?

Avista Corp vice president Ryan L. Krasselt exercised 2,627 2023 Performance Shares and received 1,051 common shares. To cover related income taxes, 255 common shares were withheld and disposed of at $39.92 per share, leaving him with 30,537 directly owned shares.

Did the Avista (AVA) insider Form 4 reflect a buy or sell of shares?

The Form 4 shows a mix of acquire and dispose actions, not an open-market buy or sell. Performance shares were converted into common stock, and a portion—255 shares—was disposed of solely to satisfy income tax withholding obligations at $39.92 per share.

How many Avista (AVA) shares does Ryan L. Krasselt own after these transactions?

After the reported transactions, Ryan L. Krasselt directly owns 30,537 Avista common shares. This figure reflects acquisition of 1,051 shares from performance share conversion and the tax-withholding disposition of 255 shares used to pay income tax on the shares acquired March 2, 2026.

What are Avista 2023 Performance Shares (CEPS) mentioned in the Form 4?

The 2023 Performance Shares (CEPS) are derivative equity awards that convert into common stock if a performance measure is met. The filing notes they have no conversion price, and shares are awarded upon achieving specified performance, leading to the 2,627-unit exercise reported for Ryan L. Krasselt.

Was the Avista (AVA) tax-withholding share disposition an open-market sale?

The 255-share disposition was for tax withholding, not a discretionary market sale. The filing states shares were withheld to pay income tax on Performance Shares acquired March 2, 2026, with the transaction coded “F” for payment of tax liability by delivering securities.

How does the Avista (AVA) Form 4 classify the insider’s transactions overall?

The Form 4 classifies two transactions as acquisitions via exercise or conversion of derivative securities and one as a disposition for tax withholding. The transaction summary lists two acquire events and one dispose event, resulting in a net neutral buy-sell direction overall.