Form 4: IDACORP CEO Lisa Grow Reports Stock Transactions

IDACORP President and CEO Lisa Grow reported the vesting of restricted stock units and subsequent sale of shares for tax purposes, alongside a transfer of shares due to a divorce decree.

Summary

• Lisa A. Grow, President & CEO of IDACORP INC (IDA), reported recent changes in her beneficial ownership of company common stock.
• On January 1, 2026, 7,983 restricted stock units (RSUs) vested, converting into an equal number of common stock shares.
• Following the RSU vesting, on January 2, 2026, 3,641 shares of common stock were disposed of at a price of $127.30 per share to satisfy tax withholding obligations.
• Since her last ownership report, Grow transferred 43,100 shares of IDA common stock to her ex-spouse pursuant to a divorce decree and a domestic relations order.
• After these transactions, Lisa A. Grow directly beneficially owns 21,923 shares of IDACORP common stock.

Sentiment

Score: 5

Explanation: The filing reports routine executive stock transactions, including RSU vesting and tax-related sales, along with a personal share transfer due to divorce, which are generally neutral events for company operations and do not indicate a change in company fundamentals.

Positives

• The vesting of 7,983 restricted stock units represents a scheduled component of executive compensation, increasing the reporting person's direct equity stake in the company prior to tax-related sales.

Negatives

• Disposal of 3,641 shares of common stock at $127.30 per share for tax withholding purposes, which reduces the direct beneficial ownership.
• A significant reduction in the reporting person's overall beneficial ownership by 43,100 shares due to a transfer to an ex-spouse pursuant to a divorce decree and domestic relations order.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The reported transactions represent a change in the beneficial ownership of a key executive, which is a routine disclosure. The sale of shares for tax purposes and the transfer due to divorce do not reflect a change in the company's operational performance or strategic direction.

Key Dates

Recommendation

The Form 4 details routine executive stock transactions, including the vesting of restricted stock units and subsequent tax-related sales, as well as a personal transfer of shares due to a divorce decree. These events are generally expected and do not provide new fundamental information about the company's operational performance or future prospects that would warrant a change in investment recommendation.

Keywords

IDACORP, IDA, Lisa Grow, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Stock Transaction, CEO, Executive Compensation