[Form 4] Avista Corporation Insider Trading Activity

Rhea-AI Filing Summary

Avista Corporation director Heidi B. Stanley received 91 shares of Avista common stock as director compensation on 09/02/2025 at a unit price of $36.54, reflecting the closing price on August 29, 2025. After the award, Ms. Stanley beneficially owns 27,745 shares directly. Separately, 9,248 shares are held indirectly in a company profit sharing plan and are reported as shares held by a trustee. The Form 4 was signed by Ms. Stanley on 09/04/2025 and discloses the grant as part of the directors’ annual retainer.

Positive

• Director equity award aligns management and shareholder interests via issuance of 91 shares as part of annual retainer
• Clear disclosure of beneficial ownership: 27,745 shares direct and 9,248 shares indirect in the profit sharing plan

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director equity award; small issuance relative to typical market caps, no transactional sale or exercise activity.

The filing shows a non-derivative grant of 91 shares to a director as part of annual retainer compensation, recorded at the closing price on 08/29/2025. This is a standard alignment mechanism tying director interests to shareholder value. The direct holding after the award is 27,745 shares, with an additional 9,248 shares held indirectly via the profit sharing plan. There is no indication of stock sales, option exercises, or unusual timing that would suggest liquidity or signaling events.

Corporate Governance Expert

TL;DR: Standard governance practice: equity compensation to a director disclosed under Section 16.

The Form 4 documents an award for director compensation and notes the shares are part of the annual retainer. Recording both direct beneficial ownership and indirect holdings in a profit sharing plan is consistent with disclosure norms. No departures from expected governance disclosures are evident, and the form is properly signed and dated.

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
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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^*

STANLEY HEIDI B

(Last) (First) (Middle)

1411 E MISSION AVE

(Street)

SPOKANE WA 99220-3727

(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)	27,745	D
Common Stock in Profit Sharing Plan								9,248	I	Shares Held by Trustee

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/Heidi B. Stanley	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 Heidi B. Stanley report on the Form 4 for AVA?

Ms. Stanley reported receipt of 91 shares of Avista common stock on 09/02/2025 as director compensation at a price of $36.54 per share.

How many Avista (AVA) shares does Heidi Stanley beneficially own after the transaction?

The Form 4 shows 27,745 shares beneficially owned directly following the reported transaction.

Are there any indirect holdings reported by the insider for AVA?

Yes. The filing discloses 9,248 shares held indirectly in a profit sharing plan and reported as shares held by a trustee.

Was the transaction a purchase, sale, or compensation award?

The transaction was an award for director compensation (not a market purchase or sale).

When was the Form 4 signed and filed?

The signature block shows Ms. Stanley signed the Form 4 on 09/04/2025.