Form 4: IDACORP Director Susan Morris Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Susan Morris 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, Susan Morris, a director of IDACORP Inc., acquired 1,588 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 was exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.
- Following the transaction, Morris beneficially owns 2,369.844 shares, which includes 13.844 shares in the reporting person's dividend reinvestment plan to date.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction. The director's stock acquisition could be seen as a positive sign, but it's not a major event.
Positives
- The acquisition of shares by a director signals confidence in the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Acquisition of 1,588 shares of common stock. |
| 03/04/2024 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.