DiLuciano Joshua D 4

What Happened

• Joshua D. DiLuciano, Vice President of Avista Corp., was granted stock awards on 2026-02-09: 1,756 restricted shares at $40.99 each (value $71,978) and 4,100 performance-based shares recorded as a derivative at $40.99 each (value $168,059). Totaling 5,856 shares and roughly $240,037 in reported value. These transactions are awards (code A), not open-market purchases or sales.

Key Details

• Transaction date and price: 2026-02-09 at $40.99 per share for both items.
• Total shares granted: 1,756 restricted shares + 4,100 performance shares = 5,856 shares (~$240,037).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes from the filing:
  • F1: Restricted shares vest 1/3 each year over a 3-year period and are payable in Avista common stock at each year-end.
  • F2: Performance shares have no conversion price; shares are awarded only if the performance measure is met.
  • F3: Each performance cycle is 3 years; shares will be issued at the end of a cycle if performance conditions are satisfied.
• Filing timing: Form 4 was filed 2026-02-10 for transactions on 2026-02-09 (timely).

Context

• These awards are compensation-related (restricted stock and performance shares). Restricted shares will vest over time; performance shares are contingent on meeting multi-year targets, so they are not an immediate market purchase signal. The reported per-share value reflects the grant/award valuation on the filing date.