Insider Activity Spotlight: Avista Corp’s Vice President Buys Restricted Shares
Avista Corp’s recent Form 4 filing shows Vice President Ryan Krasselt purchasing 1,536 restricted shares at $40.99, adding to a cumulative holding of 29,741 shares. The transaction coincides with a larger wave of grant‑type purchases across the executive team, including the CEO’s 21,526 new performance shares and the senior vice presidents’ multi‑thousand‑share allocations. While the buy was executed at the market close, the timing—just after a modest 0.01% price uptick and during a period of unusually high social‑media buzz (724.49 %)—suggests that the company’s leadership is confident in the near‑term outlook, perhaps buoyed by recent utility earnings and a supportive regulatory environment.
What Does This Mean for Investors?
From a valuation standpoint, the price‑to‑earnings ratio of 17.63 is comfortably within the utilities sector’s median, and the company’s market cap of $3.38 billion indicates stable growth potential. Executive purchases of restricted and performance shares often signal a belief that the shares are undervalued or that future performance targets will be met. However, the volume of new shares being allocated today could dilute existing shareholders if the company were to issue more shares in the future. The timing of the grants—aligned with quarterly performance reviews—also hints that Avista’s executives are aligning their interests with long‑term shareholder value, which may be reassuring to investors seeking steady dividends and modest capital appreciation.
Krasselt Ryan L: A Profile Through Transaction History
Krasselt’s insider history reveals a pattern of disciplined equity ownership. In January 2026, he sold 933 shares at $38.95, only to buy 3,588 performance shares and 1,536 restricted shares later that month at $40.99. This cycle of selling low and buying high is typical for executives who are managing personal liquidity needs while maintaining a long‑term stake. Over the past year, Krasselt has purchased a total of 3,588 performance shares and 1,536 restricted shares, bringing his holdings to nearly 30,000 shares—about 0.9 % of Avista’s outstanding equity. The consistency of his transactions, coupled with the absence of any large “sell” events beyond routine liquidity needs, suggests a stable, growth‑oriented investment philosophy.
Broader Executive Momentum
The simultaneous buying spree by other top executives—especially the CEO’s 49,526 restricted shares and 21,526 performance shares—highlights a corporate culture that rewards long‑term value creation. This collective confidence can be interpreted as a positive signal for shareholders, indicating that leadership expects the company’s strategic initiatives (e.g., renewable energy expansion and grid modernization) to pay off. Nonetheless, investors should monitor the company’s future earnings reports and regulatory filings to confirm that the promised performance targets are achieved.
Takeaway for Market Participants
Krasselt’s recent purchases, set against the backdrop of a robust utilities sector and a healthy earnings outlook, reinforce the narrative that Avista’s executives are betting on the company’s continued growth. For investors, this insider confidence—combined with the company’s solid fundamentals—can serve as a green light for a buy or hold recommendation. However, potential dilution from ongoing grant allocations and the need for sustained operational performance remain key risks to watch.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-09 | Krasselt Ryan L (Vice President) | Buy | 1,536.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| 2026-02-09 | Krasselt Ryan L (Vice President) | Buy | 3,588.00 | 40.99 | Performance Shares Grant - 2026 |




