Form 4: IDACORP Director Jeff C. Kinneeveauk Reports Stock Acquisition and Disposal

Director Jeff C. Kinneeveauk reports acquiring 662 shares of IDACORP INC common stock as part of an annual stock retainer and disposing of 113.67 shares through dividend reinvestment.

Summary

• On March 1, 2024, Jeff C. Kinneeveauk, a director of IDACORP INC, reported a transaction involving the company's common stock.
• Kinneeveauk acquired 662 shares of common stock as part of an annual stock retainer issued under the IDACORP, Inc. Non-Employee Directors Stock Compensation Plan.
• The acquisition was exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.
• Additionally, Kinneeveauk disposed of 113.67 shares acquired through the dividend reinvestment feature of the Non-Employee Directors Stock Compensation Plan.
• Following these transactions, Kinneeveauk beneficially owns 3,089.67 shares of IDACORP INC common stock.

Sentiment

Score: 5

Explanation: The document reflects routine transactions. It's neutral in sentiment as it simply reports changes in beneficial ownership.

Positives

• The acquisition of shares by a director may signal confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Stakeholder Impact

• Shareholders may be interested in tracking insider transactions as an indicator of management's confidence in the company.

Key Dates