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[Form 4] Avista Corporation Insider Trading Activity

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

Julie A. Bentz, a director of Avista Corporation (AVA), received 91 shares of Avista common stock as director compensation on September 2, 2025. The filing states the shares were issued as an award for director compensation and as part of the director’s annual retainer. The reported per-share price used for disclosure was the closing price on August 29, 2025, listed as $36.54. After the transaction, Bentz is reported to beneficially own 13,270 shares. The Form 4 was signed and dated by Julie A. Bentz on September 4, 2025.

Positive
  • Director received 91 shares as part of regular compensation, aligning her economic interest with shareholders
  • Filing discloses the per-share price ($36.54) and resulting beneficial ownership (13,270 shares), supporting transparency
Negative
  • None.

Insights

TL;DR: Routine director compensation in the form of shares; disclosure aligns with Section 16 requirements and is non-material to shareholders.

The Form 4 documents a standard equity award to a director as part of annual retainer compensation. The transaction code and explanation indicate this was a non-derivative issuance, not a sale or purchase in the open market. The filing provides the closing price used for reporting and the resulting beneficial ownership total, which supports transparency around insider holdings and potential alignment of director interests with shareholders. No unusual terms or derivative instruments are reported.

TL;DR: Clear, timely Section 16 disclosure of director stock award; no compliance issues apparent from the filing.

The Form 4 includes required fields: reporting person identity and address, issuer name and ticker, transaction date (09/02/2025), transaction code indicating issuance for compensation, the amount of shares issued (91), the per-share price used for disclosure ($36.54), and resulting beneficial ownership (13,270). The reporting person signed the form on 09/04/2025, consistent with prompt reporting practice. The filing does not show any sale or market transactions requiring further review.

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*
Bentz Julie A.

(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)
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) 13,270 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/Julie A. Bentz 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 Julie A. Bentz report on the Form 4 for AVA?

The Form 4 reports the issuance of 91 shares of Avista common stock to Julie A. Bentz on 09/02/2025 as director compensation.

How much was the per-share price used in the Form 4 disclosure for AVA?

The filing lists the per-share price used for disclosure as $36.54, the closing price on August 29, 2025.

What is Julie A. Bentz’s beneficial ownership of AVA after the reported transaction?

Following the issuance, the Form 4 reports Julie A. Bentz beneficially owns 13,270 shares of Avista common stock.

Was the Form 4 for AVA filed timely and signed?

Yes. The Form 4 shows the reporting person’s signature dated 09/04/2025, after the transaction date of 09/02/2025.

Why were the shares issued according to the Form 4?

The explanation states the shares were issued as an award for director compensation and were part of the director’s annual retainer.
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