Form 4: IDACORP CFO Reports Equity Awards, Stock Transactions

IDACORP's EVP, CFO, and Treasurer, Brian R. Buckham, reported the acquisition of common stock from performance-based units and restricted stock units, alongside a related stock disposition for tax purposes.

Summary

• Brian R. Buckham, EVP, CFO, and Treasurer of IDACORP INC (IDA), reported transactions on February 20, 2026.
• Acquired 7,410 shares of Common Stock for no consideration, resulting from the satisfaction of performance criteria for the 2023-2025 performance period.
• Disposed of 3,309 shares of Common Stock at a price of $139.89 per share, likely for tax withholding related to the performance-based award.
• Beneficial ownership of Common Stock following these transactions is 26,413 shares.
• Acquired 2,402 Restricted Stock Units (RSUs) for $0, with each RSU representing a contingent right to receive one share of IDA common stock.
• These Restricted Stock Units are scheduled to vest on January 1, 2029.
• Beneficial ownership of Derivative Securities (RSUs) following this transaction is 2,402 units.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine disclosure of executive compensation, reflecting the achievement of performance targets and ongoing equity incentives, which is generally a neutral to slightly positive signal regarding management alignment.

Positives

• The acquisition of 7,410 shares of common stock and 2,402 Restricted Stock Units represents executive compensation, indicating the achievement of performance targets and ongoing equity incentives for the EVP, CFO, and Treasurer.

Negatives

• The disposition of 3,309 shares of common stock, while likely for tax withholding purposes, reduces the direct beneficial ownership of the executive.

Future Outlook

The 2,402 Restricted Stock Units granted to the EVP, CFO, and Treasurer are scheduled to vest on January 1, 2029, representing a future equity payout contingent on continued employment and company performance.

Industry Context

StockSavvy.ai notes that these transactions are routine disclosures of executive compensation, reflecting the vesting of performance-based equity awards and the grant of new restricted stock units, which are standard components of executive incentive plans across various industries.

Stakeholder Impact

• Shareholders: The equity awards align the executive's interests with those of shareholders, incentivizing long-term performance. The disposition for tax purposes is a common practice and does not necessarily indicate a lack of confidence.

Next Steps

• Vesting of 2,402 Restricted Stock Units on January 1, 2029.

Key Dates

Recommendation

This Form 4 details routine executive compensation awards and related tax-withholding transactions, not discretionary open market purchases or sales. As such, it provides limited insight into the executive's personal investment conviction and does not warrant a change in investment recommendation based solely on these disclosures.

Keywords

IDACORP, IDA, Form 4, Insider Transaction, Equity Compensation, Restricted Stock Units, Performance Units, CFO, Stock Awards