Form 4: IDACORP Director Susan Morris Reports Acquisition of Common Stock

Director Susan Morris reports acquiring 1,187 shares of IDACORP common stock as part of an annual stock retainer.

Summary

• On March 1, 2025, Susan Morris, a director of IDACORP INC, acquired 1,187 shares of common stock.
• The acquisition was part of an annual stock retainer issued under the IDACORP, Inc. Non-Employee Directors Stock Compensation Plan.
• The transaction is exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.
• Following the transaction, Morris beneficially owns 3,633.15 shares of IDACORP common stock, which includes 90.15 shares in the reporting person's dividend reinvestment plan to date.
• A Power of Attorney was executed on May 16, 2024, granting Brian Bishop, Julia A. Hilton, and Cheryl W. Thompson the authority to execute Forms 3, 4, and 5 on behalf of Susan Morris.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction related to director compensation, which is neither particularly positive nor negative. The sentiment is neutral.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. These transactions are regulated to prevent insider trading and ensure transparency.

Comparison to Industry Standards

• Director stock compensation plans are a common practice among publicly traded companies to align the interests of directors with those of shareholders.
• The reporting requirements under Section 16(a) of the Securities Exchange Act of 1934 are standard for corporate insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence in the company.

Key Dates