AVISTA CORP: insider trades · United States · SEC (Form 4)

About AVISTA CORP

Avista Corp. is a U.S.-listed energy utility traded on the NYSE under the ticker AVA. The company is headquartered in Spokane, Washington, United States, and traces its origins back to 1889, when it was founded as Washington Water Power Company. Over more than a century, Avista has evolved from a regional utility into an integrated energy company focused on the production, transmission, and distribution of electricity and natural gas, plus related energy businesses. For international investors, it fits the classic regulated-utility profile: steady demand, a capital-intensive asset base, and earnings that are heavily influenced by rate regulation and infrastructure investment cycles. Avista’s core operating platform is Avista Utilities, which serves customers in the Pacific Northwest, primarily in Washington and parts of Idaho and Oregon. The group also owns Alaska Electric Light and Power Company (AEL&P), giving it an additional regulated utility presence in Alaska. This geographic footprint is concentrated rather than diversified, which is a strength in terms of operational focus but also creates exposure to local regulatory outcomes, hydrology conditions, and regional load trends. In addition to its regulated utility assets, Avista has other non-reportable businesses tied to investment opportunities and economic development initiatives within its service territory. The company positions itself as a community-based essential energy provider, emphasizing safe, reliable, affordable service and long-term value creation. Its competitive position is not built on consumer brand power, but on execution quality, regulatory relationships, system reliability, and the ability to fund large-scale capital programs. That capital allocation theme is central to the investment case: utility earnings growth depends on rate base expansion, network modernization, and constructive regulatory decisions. In its most recent disclosures, Avista highlighted record levels of capital investment and continued work on transmission opportunities and large load customer additions. Recent developments have been broadly constructive. In February 2025, Avista reported 2024 results and initiated 2025 earnings guidance of $2.52 to $2.72 per diluted share, signaling confidence in its regulatory trajectory and operating outlook. Management also pointed to stronger outcomes in Washington rate cases and expectations for continued regulatory execution in Oregon and Idaho. More recently, the company continued to communicate dividend policy updates and ongoing SEC Form 4 insider transaction activity, which is common for NYSE-listed U.S. issuers and relevant for investors tracking management behavior. Overall, Avista is a straightforward U.S. regulated utility story: a long-established company, headquartered in Spokane, with concentrated regional exposure, essential energy services, and an investment profile driven by regulated returns, infrastructure spending, and dividend support.