Form 4: IDACORP INC Director Jorgensen Acquires Shares as Part of Stock Compensation Plan

Director Nate Jorgensen 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, Nate Jorgensen, 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, Jorgensen directly owns 2,356 shares of IDACORP INC common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (director share acquisition) under a standard compensation plan, indicating stability and alignment of interests. It's a neutral-to-slightly positive event.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• The stock compensation plan aligns the interests of directors with those of shareholders.

Industry Context

Director share acquisitions are common and often part of compensation packages in publicly traded companies. This transaction reflects standard practice for aligning director interests with shareholder value.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders by aligning director interests with shareholder value.

Key Dates