Rosentrater Heather Lynn 4

What Happened
Heather Lynn Rosentrater, President & CEO of Avista Corp (AVA), received stock awards on 2026-02-09 totaling 70,749 shares at a reported grant value of $40.99 per share. The awards break down to 21,223 restricted shares valued at $869,931 and 49,526 performance-based derivative shares valued at $2,030,071 — a combined grant value of approximately $2,900,002. These were reported on a Form 4 filed 2026-02-10.

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-10 (appears timely).
• Price reported: $40.99 per share.
• Shares granted: 21,223 restricted shares (F1) + 49,526 performance-based derivative shares (F2/F3) = 70,749 total.
• Total reported value: ~$2.9 million.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing — check the full Form 4 for holdings details.
• Footnotes:
  • F1: Restricted shares vest 1/3 each year over 3 years and are payable in Avista common stock at each year-end.
  • F2: Performance awards have no conversion price; shares are issued only if performance measures are met.
  • F3: Each performance cycle is 3 years; performance-based shares are issued at the end of the cycle if targets are achieved.

Context
These are compensation awards (grant/acquisition codes), not open-market purchases or sales. The restricted shares will deliver stock over a three-year vesting schedule; the larger tranche is performance-based and will convert to shares only if multi-year targets are met. Such grants are common executive compensation and do not by themselves indicate the insider is buying or selling stock for personal investment reasons.