Cox Bryan Alden 4

What Happened

• Bryan (Alden) Cox, Senior Vice President at Avista Corp (AVA), was granted two awards on 2026-02-09: 2,488 restricted common shares at $40.99 each (value $101,983) and 5,807 performance-based shares valued at $40.99 each (value $238,029). These are awards/grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date and price: 2026-02-09 at $40.99 per share for both grants.
• Grant amounts and values: 2,488 restricted shares ($101,983) and 5,807 performance-based shares ($238,029); combined value ≈ $340,012.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes from the filing:
  • F1: The 2,488 restricted shares vest 1/3 each year over a 3-year period and are payable in Avista common stock at the end of each year.
  • F2: The performance-based award has no conversion price; shares are awarded only if the performance measure is met.
  • F3: Each performance cycle is 3 years; performance-based shares will be issued at the end of each 3-year cycle if targets are met.
• Filing timeliness: Report filed 2026-02-10 for transactions dated 2026-02-09 (appears timely based on filing date).

Context

• These grants are compensation awards rather than purchases or sales. Restricted shares vest over time and performance-based awards are contingent on meeting multi-year targets, so they do not represent an immediate buy/sell signal in the market.
• For retail investors, such awards mainly reflect executive compensation and retention practices; they do not necessarily indicate the insider is personally investing new funds in the company.