{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-231187","form_type":"8-K","ticker":"AVA","cik":"0000104918","company_name":"AVISTA CORP","filed_at":"2026-05-19T21:38:47+00:00","discovered_at":"2026-05-20T10:05:00.298147+00:00","generated_at":"2026-05-20T10:10:16.476039+00:00","sec_items":["1.01","2.03","5.07","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Avista issues $160M in first mortgage bonds; shareholder proposal to lower vote threshold fails","bullets":["Issued $90M of 4.77% bonds due 2029 and $70M of 6.10% bonds due 2056; proceeds for refinancing and utility capex.","Additional $70M of 6.10% bonds expected in August 2026 under same agreement.","Annual meeting approved all 11 director nominees, ratification of Deloitte, and advisory say-on-pay.","Proposal to reduce shareholder approval requirement from 80% to majority of outstanding shares failed to get required 80% vote."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-231187","json":"https://secwatch.observer/filing/0001193125-26-231187.json","markdown":"https://secwatch.observer/filing/0001193125-26-231187.md","text":"https://secwatch.observer/filing/0001193125-26-231187.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/104918/000119312526231187/0001193125-26-231187-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/104918/000119312526231187/ava-20260514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T10:10:16.476039+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"96ac2a3dc145f28b6aa394205925c930d67c1626","claim":"AVISTA CORP incurred senior notes of $90.0 million 4.77% bonds due 2029 and $70.0 million 6.10% bonds due 2056 with institutional investors at 4.77% per annum for 2029 bonds; 6.10% per annum for 2056 bonds maturing 2029 for 4.77% bonds; 2056 for 6.10% bonds.","evidence_excerpt":"On May 14, 2026, Avista Corporation (Avista Corp. or the Company) issued and sold $90.0 million of 4.77 percent first mortgage bonds due in 2029 and $70.0 million of 6.10 percent first mortgage bonds due in 2056 pursuant to a bond purchase agreement with institutional investors in the private placement market.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/104918/000119312526231187/0001193125-26-231187-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$90.0 million 4.77% bonds due 2029 and $70.0 million 6.10% bonds due 2056"},{"label":"Counterparty","value":"institutional investors"},{"label":"Rate","value":"4.77% per annum for 2029 bonds; 6.10% per annum for 2056 bonds"},{"label":"Maturity","value":"2029 for 4.77% bonds; 2056 for 6.10% bonds"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3a0678f8d3659509a496b893554361dd20329142","claim":"AVISTA CORP shareholders approved Election of eleven directors at the 2026-05-14 meeting.","evidence_excerpt":"Proposal 1: Election of eleven directors, for one-year terms expiring at the 2027 Annual Meeting of Shareholders, and until their successors are elected. Director For Against Abstain Broker Non-Votes Julie A. Bentz 65,044,528 262,432 141,220 6,839,565","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/104918/000119312526231187/0001193125-26-231187-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"561a1903b699453695a8ab1489da7e896c84d7d0","claim":"AVISTA CORP shareholders approved Advisory (non-binding) vote on executive compensation at the 2026-05-14 meeting.","evidence_excerpt":"Proposal 3: Advisory (non-binding) vote on executive compensation. For Against Abstain Broker Non-Votes 62,854,984 2,274,875 318,321 6,839,565 This advisory (non-binding) resolution was approved","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/104918/000119312526231187/0001193125-26-231187-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"62b57c7318811be136b1b5dddc2853257e1dbe94","claim":"AVISTA CORP shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-14 meeting.","evidence_excerpt":"Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026. For Against Abstain Broker Non-Votes 69,874,464 2,281,840 131,441 N/A This proposal was approved","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/104918/000119312526231187/0001193125-26-231187-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2026-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"dd14fd25f815b8aea20a908f2ba03bc5c1ca6b4b","claim":"AVISTA CORP shareholders rejected Amendment of the Restated Articles of Incorporation to reduce the shareholder approval requirement for specified matters from 80% of the total number of shares of common stock outstanding to a majority of such shares outstanding at the 2026-05-14 meeting.","evidence_excerpt":"Proposal 4: Amendment of the Restated Articles of Incorporation to reduce the shareholder approval requirement for specified matters from 80% of the total number of shares of common stock outstanding to a majority of such shares outstanding. For Against Abstain Broker Non-Votes 64,317,253 805,879 325,048 6,839,565 This proposal was not approved","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/104918/000119312526231187/0001193125-26-231187-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2026-05-14"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}