Form 4: IDACORP Director Bolano Acquires Shares Under Stock Compensation Plan
SEC Form 4 Filing
Director Odette C. Bolano acquired 1,187 shares of IDACORP Inc. common stock on March 1, 2025, as part of the company's Non-Employee Directors Stock Compensation Plan.
Summary
- On March 1, 2025, Odette C. Bolano, a director of IDACORP Inc., acquired 1,187 shares of common stock.
- The acquisition was made under the IDACORP, Inc. Non-Employee Directors Stock Compensation Plan.
- The price per share was $0.
- Following the transaction, Bolano directly owns 6,822 shares of IDACORP Inc. common stock.
Sentiment
Score: 7
Explanation: Routine insider transaction, indicating continued alignment with shareholder interests. The transaction is part of a pre-existing compensation plan, so it's not a surprise, but it's still a positive signal.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction increases the director's stake in the company, aligning her interests further with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024-05-16 | Effective date of Power of Attorney granted by Odette C. Bolano. |
| 2025-03-01 | Date of transaction: Odette C. Bolano acquired 1,187 shares of IDACORP Inc. common stock. |
| 2025-03-04 | Date of signature for the Form 4 filing. |
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