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[Form 4] Avista Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Avista Corporation (AVA) Form 4: Director Sena M. Kwawu received 91 shares as a stock award for director compensation on 09/02/2025, priced at the closing share price of $36.54 on August 29, 2025. The transaction is reported as an acquisition resulting from the director annual retainer. Following the award, Mr. Kwawu is shown as beneficially owning 14,877.14 shares directly. The filing is a routine Section 16 disclosure documenting compensation-related equity granted to a director and is signed on 09/04/2025.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: A routine director stock award of 91 shares; immaterial to AVA's capitalization or earnings.

The reported transaction reflects a standard director compensation payment in shares rather than cash, with 91 shares issued at the closing price of $36.54 on August 29, 2025. The incremental change in ownership is small relative to the director's total reported beneficial holdings of 14,877.14 shares. There is no indication of related derivative transactions, sales, or material changes to control. For investors, this is a routine disclosure with negligible impact on valuation or share count.

TL;DR: Standard governance practice: equity retainer for board service; disclosure meets Section 16 requirements.

The Form 4 documents an award tied to the director annual retainer, aligning with common governance practices to compensate directors with equity. The filing includes the necessary details: transaction date, number of shares, per-share price used for valuation, and resulting beneficial ownership. There are no red flags such as late reporting, option exercises, or related-party transfers. This is a routine compliance filing signaling typical director compensation.

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*
Kwawu Sena M

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
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 09/02/2025 A(1) 91(2) A $36.54(1) 14,877.14 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
Explanation of Responses:
1. Shares issued as an award of stock for Director Compensation. The price per share is the closing price on August 29, 2025.
2. Shares issued as part of the Directors annual retainer.
/s/Sena M. Kwawu 09/04/2025
** 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 did Avista director Sena M. Kwawu report on Form 4 (AVA)?

The director reported receiving 91 shares as a stock award for director compensation on 09/02/2025, priced at $36.54 per share.

How many shares does Sena M. Kwawu beneficially own after the transaction?

Following the award, the filing shows 14,877.14 shares beneficially owned directly by Sena M. Kwawu.

Why were the 91 shares issued to the director?

The filing states the shares were issued as an award of stock for Director Compensation and as part of the director's annual retainer.

What price was used to value the awarded shares?

The per-share price used in the Form 4 is the closing price on August 29, 2025: $36.54.

Does this Form 4 indicate any material change in control or large transaction?

No; the filing documents a routine compensation-related issuance of 91 shares and does not indicate a change in control or material transaction.
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