Form 4: IDACORP Director Mark T. Peters Acquires Shares as Part of Stock Compensation Plan

Director Mark T. Peters 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, Mark T. Peters, 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.
• The shares were acquired at a price of $0.
• Following the transaction, Peters beneficially owns 5,177 shares of IDACORP Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a standard director compensation practice, indicating alignment of interests with shareholders.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

This type of stock compensation is common for non-employee directors at publicly traded companies.

Comparison to Industry Standards

• Director compensation packages often include stock grants to align their interests with shareholders.
• Companies like Xcel Energy and Edison International also provide stock-based compensation to their directors.

Stakeholder Impact

• The transaction aligns the director's interests with those of the shareholders.

Key Dates