Insider Activity Spotlight: Avista Corp’s Senior Vice President Buys Restricted and Performance Shares
On February 9, 2026, Senior Vice President Jason R. Thackston executed two buy transactions that together increased his Avista holdings to 43,236 restricted shares and 7,344 performance shares, valuing the package at roughly $41.51 per share. The moves come at a time when the company’s stock price is hovering just below its 52‑week high, and the market has reacted with an unusually high buzz level (840 % above average). While the price change on the day was minimal, the volume of the insider transaction signals confidence from the management team that Avista’s long‑term trajectory remains positive.
What Does This Mean for Investors?
The purchase of both restricted and performance shares by a senior executive can be interpreted in several ways:
- Alignment of Incentives – By tying a portion of his compensation to performance shares that vest over three years, Thackston’s interests become closely linked to shareholder returns. Investors often view such alignment as a sign that executives are motivated to drive operational efficiency and share‑value growth.
- Signal of Management Outlook – The fact that a high‑ranking executive is willing to lock in shares at $40.99 (the closing price) suggests confidence that the stock will appreciate, particularly given the company’s 12.25 % year‑to‑date gain and the utilities sector’s stable dividend profile.
- Liquidity Considerations – The restricted shares, while not immediately tradable, will begin vesting at the end of each year in 2026, potentially providing a future source of liquidity for the company or the executive’s personal portfolio. This can help temper concerns about large sell‑off events in the near term.
Overall, the transaction bolsters investor sentiment that Avista’s leadership is committed to shareholder value, and it may temper any negative pressure on the stock that could arise from the high trading volume and social‑media buzz.
Thackston Jason R. – A Profile Based on Historical Activity
Thackston’s insider trading history is characterized by a pattern of selling large blocks of common stock in January 2026 followed by a switch to performance‑based awards in February. In early January, he sold 1,352 shares at $38.95 and converted 1,710 performance shares, reducing his holdings to 40,089 shares. This sell‑off was followed by a 3,147‑share restricted‑share purchase and a 7,344‑share performance‑share purchase in February. The timing suggests a strategic shift from liquidity provision to a long‑term commitment. Compared to his peers, Thackston’s activity is moderate—he is one of several senior executives engaging in similar restricted and performance share transactions—but his recent buy shows a decisive move to increase exposure to Avista’s upside.
Company‑Wide Insider Buying Trend
The February 9 filings reveal a wave of buying among Avista’s senior leadership, including the CEO, CFO, and other vice presidents. For example, Heather Lynn, the President and CEO, added 21,223 restricted shares and 49,526 performance shares. Across the board, executives are purchasing a mix of restricted and performance shares, indicating a collective confidence in Avista’s future prospects. This trend aligns with the company’s 17.63 price‑earnings ratio, which is comfortably above the sector average for utilities, suggesting that the market values Avista’s earnings potential.
Conclusion
Jason R. Thackston’s February transaction, set against a backdrop of widespread senior‑executive buying, reinforces the narrative that Avista’s top management believes in the company’s long‑term value. For investors, this can be a positive signal, particularly in a utilities environment where stability and growth are prized. While the high social‑media buzz warrants monitoring, the underlying insider activity suggests that Avista’s leadership is positioning itself—and its shareholders—for sustained growth rather than short‑term gains.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-09 | Thackston Jason R (Senior Vice President) | Buy | 3,147.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| 2026-02-09 | Thackston Jason R (Senior Vice President) | Buy | 7,344.00 | 40.99 | Performance Shares Grant - 2026 |
| 2026-02-09 | Rosentrater Heather Lynn (President & CEO) | Buy | 21,223.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| N/A | Rosentrater Heather Lynn (President & CEO) | Holding | 695.00 | N/A | Common Stock in Spouse’s Plan |
| 2026-02-09 | Rosentrater Heather Lynn (President & CEO) | Buy | 49,526.00 | 40.99 | Performance Shares Grant - 2026 |
| 2026-02-09 | Manuel Wayne O (Senior Vice President) | Buy | 2,488.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| 2026-02-09 | Manuel Wayne O (Senior Vice President) | Buy | 5,807.00 | 40.99 | Performance Shares Grant - 2026 |
| 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 |
| 2026-02-09 | Kinney Scott J (Vice President) | Buy | 2,048.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| N/A | Kinney Scott J (Vice President) | Holding | 1,385.52 | N/A | Estimated Shares held in 401(k) |
| 2026-02-09 | Kinney Scott J (Vice President) | Buy | 4,783.00 | 40.99 | Performance Shares Grant - 2026 |
| 2026-02-09 | Hill Latisha Diane (Vice President) | Buy | 1,646.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| N/A | Hill Latisha Diane (Vice President) | Holding | 975.07 | N/A | Estimated Shares held in 401(k) |
| 2026-02-09 | Hill Latisha Diane (Vice President) | Buy | 3,844.00 | 40.99 | Performance Shares Grant - 2026 |
| 2026-02-09 | Hesler Gregory Curtis (Sr V President/Corp Secretary) | Buy | 3,147.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| 2026-02-09 | Hesler Gregory Curtis (Sr V President/Corp Secretary) | Buy | 7,344.00 | 40.99 | Performance Shares Grant - 2026 |
| 2026-02-09 | DiLuciano Joshua D (Vice President) | Buy | 1,756.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| 2026-02-09 | DiLuciano Joshua D (Vice President) | Buy | 4,100.00 | 40.99 | Performance Shares Grant - 2026 |
| 2026-02-09 | Cox Bryan Alden (Senior Vice President) | Buy | 2,488.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| N/A | Cox Bryan Alden (Senior Vice President) | Holding | 9,986.84 | N/A | Estimated Shares held in 401(k) |
| 2026-02-09 | Cox Bryan Alden (Senior Vice President) | Buy | 5,807.00 | 40.99 | Performance Shares Grant - 2026 |
| 2026-02-09 | Christie Kevin J (SVP, CFO & Treasurer) | Buy | 5,342.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| N/A | Christie Kevin J (SVP, CFO & Treasurer) | Holding | 3,588.21 | N/A | Estimated Shares held in 401(k) |
| 2026-02-09 | Christie Kevin J (SVP, CFO & Treasurer) | Buy | 12,468.00 | 40.99 | Performance Shares Grant - 2026 |
| 2026-02-09 | Alexander Alexis G. (Vice President) | Buy | 1,464.00 | 40.99 | Common Stock - Restricted Shares Grant 2026 |
| 2026-02-09 | Alexander Alexis G. (Vice President) | Buy | 3,416.00 | 40.99 | Performance Shares Grant - 2026 |




