Form 4: IDACORP Director Kennedy Acquires Shares

IDACORP Director Michael J. Kennedy acquired 1,007 shares of common stock as an annual retainer under the company's long-term incentive plan.

Summary

• Michael J. Kennedy, a Director of IDACORP INC (IDA), acquired 1,007 shares of common stock.
• The transaction occurred on March 1, 2026, and was reported on March 3, 2026.
• The shares were issued as an annual stock retainer under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan.
• This acquisition is exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.
• Following this transaction, Michael J. Kennedy beneficially owns a total of 1,806.624 shares of common stock.
• The total beneficial ownership includes 15.624 shares acquired through the dividend reinvestment feature of the compensation plan.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, reflecting routine director compensation and a slight increase in insider ownership, which aligns director interests with shareholders.

Positives

• A Director's acquisition of shares, even as compensation, generally indicates alignment of management's interests with those of shareholders.
• The transaction is part of a pre-existing compensation plan, suggesting routine and planned equity grants.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future financial performance or strategic direction.

Industry Context

StockSavvy.ai notes that routine insider acquisitions, particularly those related to compensation plans, are common practice in publicly traded companies. While not indicative of a major strategic shift or a strong buy signal, they generally reflect a standard component of executive and director remuneration and can be viewed as a positive, albeit minor, signal of alignment between management and shareholder interests.

Related Party Transactions

• Michael J. Kennedy, a Director, received 1,007 shares of common stock as an annual retainer from IDACORP, Inc. under the 2000 Long-Term Incentive and Compensation Plan. This is a standard compensation arrangement between the company and its director.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased equity ownership.

Key Dates

Keywords

IDACORP, IDA, Form 4, Insider Transaction, Stock Grant, Director Compensation, Equity Acquisition, Long-Term Incentive Plan