Form 4: AVA director Jeffry Philipps issued 91 shares as retainer

Rhea-AI Filing Summary

Avista Corporation director Jeffry L. Philipps received 91 shares of Avista common stock as director compensation on 09/02/2025. The shares were issued as part of the director's annual retainer and are valued at $36.54 per share, which is the closing price used from August 29, 2025. After this issuance, Mr. Philipps beneficially owned 17,395 shares. The transaction was reported on a Form 4 filed by one reporting person and signed on 09/04/2025.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation in stock form; small, non-dilutive issuance reflecting standard governance practice.

The Form 4 shows a non-derivative award of 91 shares to a director as part of the annual retainer, priced at $36.54 per share based on the August 29, 2025 close. This is a common practice to align director interests with shareholders and does not reflect a change in company operations, governance structure, or control. The post-transaction beneficial ownership of 17,395 shares is modest and unlikely to affect voting control or materially influence investor valuations.

Securities Compliance Analyst

TL;DR: Filing is a routine, timely Form 4 reporting a compensatory stock grant; disclosure appears complete for reported items.

The filing documents a single reporting person transaction dated 09/02/2025 and signed on 09/04/2025. The explanation clarifies the award was for director compensation and part of the annual retainer; the price per share is explicitly stated as the August 29, 2025 closing price. There are no derivative transactions or additional arrangements disclosed. From a compliance perspective, the Form 4 provides the required details for beneficial ownership reporting.

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^*

Philipps Jeffry 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)

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)	17,395	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/Jeffry L. Philipps	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 transaction did Jeffry L. Philipps report on the Avista (AVA) Form 4?

Mr. Philipps reported receipt of 91 shares of Avista common stock as director compensation on 09/02/2025.

What price was used to value the shares on the Form 4 for AVA?

The shares were valued at $36.54 per share, the closing price on August 29, 2025.

How many Avista shares did Jeffry L. Philipps beneficially own after the reported transaction?

He beneficially owned 17,395 shares following the issuance.

When was the Form 4 for AVA signed and filed?

The Form 4 was signed by Jeffry L. Philipps on 09/04/2025 and reports the transaction dated 09/02/2025.

Was the reported issuance part of regular director compensation?

Yes, the filing explains the 91 shares were issued as an award for director compensation and as part of the director's annual retainer.