Hill Latisha Diane 4

What Happened
Vice President Latisha Diane Hill was granted a total of 5,490 shares of Avista Corp. (AVA) on 2026-02-09 via awards (code A): 1,646 restricted shares valued at $40.99 each ($67,470) and 3,844 performance-based/derivative shares valued at $40.99 each ($157,566), for a combined value of $225,036. These were grants/acquisitions as part of compensation, not open-market purchases or sales.

Key Details

• Transaction date and price: 2026-02-09 at $40.99 per share. Filing date: 2026-02-10 (timely, one day after transaction).
• Shares granted: 1,646 restricted shares (worth $67,470) and 3,844 performance-based/derivative shares (worth $157,566); total 5,490 shares / $225,036.
• Shares owned after transaction: Not specified in the filing.
• Footnotes (vesting/conditions):
  • Restricted shares vest one‑third each year over a 3‑year period and are payable in Avista common stock at the end of each year (F1).
  • Performance/derivative award has no conversion price; shares are issued only if performance measures are met (F2).
  • Performance cycles are 3 years long; shares (if earned) are issued at the end of each 3‑year cycle (F3).
• Transaction type: Award/Grant (code A). Not a sale or market purchase.

Context
These awards are compensation-based grants: the restricted shares will vest over time, and the larger 3,844-share item is performance‑contingent and will only convert into stock if Avista meets specified performance targets over the multi‑year cycle. Such grants are routine executive compensation and do not necessarily indicate immediate buying or selling sentiment.