Jacobsen Kevin B 4

What Happened
Kevin B. Jacobsen, a director of Avista Corp (AVA), was issued 3,538 shares as a stock award on May 8, 2026. The shares were valued at $40.98 each (closing price on May 7, 2026), for a total reported value of $144,987. This was an issuance as director compensation (an acquisition by award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-08; Form filed: 2026-05-11 (appears to be timely under the SEC two-business-day rule).
• Grant type/code: A (Award/Grant).
• Shares issued: 3,538 shares at $40.98 per share; total value $144,987.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — shares issued as an award of stock for director compensation; price per share is the closing price on May 7, 2026. F2 — shares issued as part of the director’s annual retainer.
• No 10b5-1 plan, tax-withholding, or immediate sale noted in the filing excerpt.

Context
Stock awards to directors are routine forms of compensation and represent an acquisition of company stock for service, but they do not necessarily indicate the director’s personal purchase intention or market timing. For retail investors, director awards are worth noting as they increase insider ownership, but they are common and often pre-determined as part of compensation policies.