[Form 4] Avista Corporation Insider Trading Activity

Rhea-AI Filing Summary

Avista Corporation director Scott H. Maw received 91 shares as director compensation on 09/02/2025. The shares were issued as an award and as part of the director's annual retainer at a reported price of $36.54 per share, which the filer notes equals the closing price on August 29, 2025. After the issuance, the reporting person beneficially owns 29,847 shares. The Form 4 was signed on 09/04/2025 and filed to disclose this change in beneficial ownership.

Positive

• Director compensation disclosed transparently with transaction date, price basis, and resulting ownership provided
• Award aligns director's interests with shareholders by issuing equity as part of the annual retainer

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director equity award; modest in size and disclosed per Section 16.

The filing shows a non-derivative issuance of 91 common shares to a director as compensation, recorded at a per-share price equal to the closing price on August 29, 2025. The absolute size of the grant is small relative to the reported post-transaction holding of 29,847 shares, indicating this is a routine retainer issuance rather than a material capital event.

Corporate Governance Expert

TL;DR: Standard governance practice—equity used for director compensation; transparency maintained by timely Section 16 filing.

The Form 4 discloses that the shares were issued as part of the director's annual retainer, consistent with customary director compensation practices. The filing includes the transaction date, price basis, and resulting beneficial ownership, meeting disclosure requirements and providing investors with clear information on insider ownership changes.

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^*

Maw Scott Harlan

(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)	29,847	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/Scott H. Maw	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

Who reported the transaction for AVA?

The reporting person is Scott H. Maw, identified as a Director of Avista Corporation.

What securities were issued in the Form 4 for AVA?

The Form 4 reports issuance of 91 shares of Avista common stock as director compensation.

When was the transaction executed and at what price?

The transaction date is 09/02/2025 and the per-share price reported is $36.54 (closing price on August 29, 2025).

How many Avista shares does the reporting person own after the transaction?

After the issuance the reporting person beneficially owns 29,847 shares.

What is the stated reason for the share issuance?

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

When was the Form 4 signed?

The Form 4 bears the reporting person's signature dated 09/04/2025.