Form 4: Avista VP Sells Shares for Tax, Converts Performance Awards

Avista Corp. Vice President Alexis G. Alexander sold 409 shares to cover tax obligations on vested restricted stock and converted 214 performance shares into common stock.

Summary

• Alexis G. Alexander, Vice President of Avista Corp. (AVA), reported transactions on January 6, 2026.
• Sold 409 shares of common stock at a price of $38.95 per share. This sale was conducted to pay income tax on the final one-third of 2023, the second one-third of 2024, and the first one-third of 2025 restricted shares that vested on January 6, 2026.
• Converted 214 performance shares (specifically 2023 Performance Shares tied to Total Shareholder Return, or TSR) into common stock. These shares were awarded because the performance measure was met.
• Following these reported transactions, Alexis G. Alexander directly beneficially owns 2,843 shares of Avista Corp. common stock.

Sentiment

Score: 7

Explanation: The conversion of performance shares indicates successful achievement of performance targets, which is a positive signal regarding company performance. The sale of shares for tax purposes is a routine and expected event for executive compensation and does not reflect a negative outlook on the company.

Positives

• The conversion of 214 performance shares into common stock indicates that the company successfully met its pre-defined performance measures, specifically related to Total Shareholder Return (TSR) for 2023.

Negatives

• The sale of 409 shares, while for tax purposes, represents a reduction in the reporting person's direct beneficial ownership of Avista Corp. common stock.

Stakeholder Impact

• Shareholders: The transactions represent routine executive compensation activities and are unlikely to have a significant direct impact on the broader shareholder base or stock price.

Key Dates

Keywords

Avista Corp, AVA, Insider Transaction, Form 4, Stock Sale, Performance Shares, Restricted Stock, Executive Compensation, Total Shareholder Return