Form 4: IDACORP Executive Sells 1,500 Shares
Statement of Changes in Beneficial Ownership
James Bo D. Hanchey, VP of Customer Operations and CSO at IDACORP, reported the sale of 1,500 shares of common stock.
Summary
- James Bo D. Hanchey sold 1,500 shares of IDACORP common stock on May 29, 2026.
- The shares were sold at a weighted average price of $140.9456 per share.
- Following the transaction, the reporting person retains direct ownership of 2,138 shares.
- The reporting person also holds 673.8263 shares indirectly through a 401(k) plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it reflects standard insider equity management rather than a change in corporate strategy or performance.
Positives
- The transaction represents a routine divestment by an executive rather than a signal of financial distress.
Negatives
- The sale reduces the executive's direct equity stake in the company.
Risks
- None identified in this filing.
Future Outlook
Not applicable.
Industry Context
StockSavvy.ai notes that insider sales in the utility sector are common and often related to tax planning or portfolio diversification rather than fundamental shifts in company outlook.
Comparison to Industry Standards
- The transaction size is relatively small compared to the total market capitalization of IDACORP.
- The sale is consistent with standard executive compensation and equity management practices observed in large-cap utility firms.
Stakeholder Impact
- Minimal impact on shareholders as the transaction size is not significant relative to total shares outstanding.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Effective date of Power of Attorney for filing agents. |
| 05/29/2026 | Date of the reported stock sale transaction. |
| 06/01/2026 | Date of filing for the Form 4. |
Keywords
IDACORP, IDA, Insider Trading, Form 4, Utility Sector, Stock Sale
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