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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 director Kevin B. Jacobsen received 91 shares of Avista common stock as director compensation. The Form 4 reports a transaction dated 09/02/2025 showing an acquisition (A) of 91 shares recorded at a price of $36.54 per share, which the filer notes is the closing price on August 29, 2025. After the grant, Mr. Jacobsen beneficially owns 12,335 shares. The filing is signed by Kevin B. Jacobsen on 09/04/2025 and identifies his relationship to the issuer as a director.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine director compensation grant; small equity award increases insider alignment without indicating strategic change.

The Form 4 documents a standard issuance of 91 common shares to a director as part of an annual retainer. The transaction is recorded at the market closing price on August 29, 2025, and raises the director's beneficial holdings to 12,335 shares. This appears to be a recurring, nondiscretionary compensation practice rather than a special transaction and carries limited material impact on equity structure or control.

TL;DR: Insignificant in monetary and ownership terms; no evidence of unusual timing or rule 10b5-1 plan use.

The reported grant of 91 shares at $36.54 equals approximately $3,320 in value, a de minimis change relative to typical market capitalization. The filing checks indicate a single reporting person and identify the relationship as director. There is no indication in the filing of derivative transactions, disposals, or amendments and no shown use of a 10b5-1 trading plan. For investors, this is a routine disclosure without material implications for Avista's capital structure.

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*
Jacobsen Kevin B

(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) 12,335 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/Kevin B. Jacobsen 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 Kevin B. Jacobsen report on Form 4 (AVA)?

The Form 4 reports an acquisition of 91 shares of Avista common stock on 09/02/2025 as director compensation.

At what price were the 91 Avista (AVA) shares reported?

The shares are reported with a price of $36.54 per share, noted as the closing price on August 29, 2025.

How many Avista (AVA) shares does Kevin B. Jacobsen beneficially own after the transaction?

Following the reported transaction, Mr. Jacobsen beneficially owns 12,335 shares.

When was the Form 4 for Kevin B. Jacobsen signed?

The filing is signed by Kevin B. Jacobsen on 09/04/2025.

Was this Form 4 filed by one reporting person or multiple?

The Form indicates it was filed by one reporting person.
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