Form 4: IDACORP Director Madison Acquires Annual Stock Retainer

IDACORP Director Scott W. Madison acquired 1,007 shares of common stock as part of an annual retainer, increasing his beneficial ownership to 2,226.408 shares.

Summary

• Scott W. Madison, a Director of IDACORP INC (IDA), acquired 1,007 shares of common stock.
• The transaction occurred on March 1, 2026, and was an acquisition (A) of securities.
• The shares were acquired at a price of $0 per share.
• This acquisition represents an annual stock retainer issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan.
• The transaction is exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.
• Following this transaction, Mr. Madison beneficially owns a total of 2,226.408 shares of common stock.
• The total beneficial ownership includes 32.408 shares acquired through the dividend reinvestment feature of the applicable compensation plan.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While routine, it signifies continued insider ownership and alignment with shareholder interests, without indicating any new strategic developments or financial performance.

Positives

• Increased insider ownership by a director, aligning management interests with shareholders.
• The acquisition is part of a long-term incentive plan, indicating a structured approach to executive compensation and retention.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the details of the reported transaction.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as annual stock retainers, are common practice across various industries, particularly in established utility companies like IDACORP. These transactions are typically part of pre-approved compensation plans designed to align executive and director interests with long-term shareholder value.

Related Party Transactions

• Acquisition of 1,007 shares of common stock by Director Scott W. Madison as an annual stock retainer under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan.

Stakeholder Impact

• Shareholders may perceive the increased insider ownership as a positive signal, indicating management's continued commitment and alignment with the company's long-term performance.

Key Dates

Keywords

IDACORP, IDA, Insider Trading, Form 4, Stock Retainer, Director Compensation, Equity Acquisition, Beneficial Ownership