Form 4: IDACORP Director Annette G. Elg Acquires Shares as Part of Stock Compensation Plan

Director Annette G. Elg acquired 1,588 shares of IDACORP INC common stock on March 1, 2024, as part of the company's Non-Employee Directors Stock Compensation Plan.

Summary

• On March 1, 2024, Annette G. Elg, a director of IDACORP INC, acquired 1,588 shares of common stock.
• The acquisition was part of the IDACORP, Inc. Non-Employee Directors Stock Compensation Plan and is exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.
• The shares were acquired at a price of $0.
• Following the transaction, Elg beneficially owns 7,584.252 shares, which includes shares acquired through a dividend reinvestment plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and expected process. It doesn't suggest any significant positive or negative sentiment, but rather a neutral, business-as-usual scenario.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The stock compensation plan aligns director interests with shareholder value.

Industry Context

Director share acquisitions are common and often part of standard compensation packages in publicly traded companies.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates