Form 4: Avista VP Alexander Receives Equity Compensation Grants

Avista Corp. Vice President Alexis G. Alexander was granted 1,464 restricted shares and 3,416 performance shares on February 9, 2026.

Summary

• Alexis G. Alexander, Vice President of Avista Corp., reported the acquisition of 1,464 restricted shares of common stock.
• These restricted shares were granted on February 9, 2026, at a price of $40.99 per share.
• The restricted shares vest 1/3 each year over a three-year period and are payable in Avista Corp. Common Stock at the end of each year.
• Alexander also acquired 3,416 performance shares, granted on February 9, 2026, at a price of $40.99 per share.
• Performance shares are awarded if specific performance measures are met over a three-year cycle, with shares issued at the end of each cycle.
• Following these transactions, Alexander beneficially owns 4,307 direct non-derivative common shares and 3,416 direct derivative performance shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting routine executive compensation that aligns management incentives with shareholder interests, without indicating any significant operational or financial changes.

Positives

• The equity grants align the Vice President's interests with those of shareholders, promoting long-term value creation.
• The performance-based component of the grants incentivizes the achievement of specific company goals.

Future Outlook

The future outlook for the performance shares is contingent on the company meeting specific performance measures over a three-year cycle, which will determine the ultimate number of shares issued.

Industry Context

StockSavvy.ai notes that the granting of restricted stock and performance shares is a common practice in executive compensation across various industries, particularly in utilities like Avista Corp., to attract, retain, and incentivize key management personnel.

Comparison to Industry Standards

• The use of restricted stock and performance shares as part of executive compensation is a standard practice, comparable to compensation structures seen in other publicly traded utility companies such as NextEra Energy (NEE) or Duke Energy (DUK), which often tie a significant portion of executive pay to long-term equity incentives.

Stakeholder Impact

• Shareholders: The equity grants aim to align the Vice President's long-term interests with shareholder value creation, potentially leading to improved company performance.

Next Steps

• The restricted shares will vest 1/3 each year over the next three years, with common stock payable at the end of each year.
• The performance shares will be evaluated against performance measures over a three-year cycle, with shares issued at the end of the cycle if targets are met.

Key Dates

Keywords

Avista Corp, AVA, SEC Form 4, Insider Transaction, Restricted Stock, Performance Shares, Executive Compensation, Equity Grant