Form 4: IDACORP Director Richard J. Navarro Reports Stock Acquisition

Director Richard J. Navarro acquired 1,588 shares of IDACORP Inc. common stock on March 1, 2024, as part of an annual stock retainer.

Summary

• On March 1, 2024, Richard J. Navarro, a director of IDACORP Inc., acquired 1,588 shares of common stock.
• The acquisition was part of the annual stock retainer issued under the IDACORP, Inc. Non-Employee Directors Stock Compensation Plan.
• The transaction was exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.
• Following the transaction, Navarro beneficially owns 14,461.384 shares of IDACORP Inc. common stock, which includes 1,894.384 shares in the reporting person's dividend reinvestment plan to date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation, indicating alignment of interests but not necessarily a major event.

Positives

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

Industry Context

Director stock acquisitions are common and often viewed as a positive sign, indicating alignment between management and shareholder interests. This is a routine transaction related to director compensation.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders.

Key Dates