IDA.NYSEIdacorp INC

Form 4: IDACORP INC Director Judi Johansen Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Judi Johansen 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, Judi Johansen, 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 price per share was $0.
  • Following the transaction, Johansen beneficially owns 26,716.105 shares of IDACORP INC common stock, which includes 5,646.105 shares acquired through dividend reinvestments.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction. Director acquiring shares is generally a positive signal, but not significantly impactful.

Positives

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

Industry Context

Director stock acquisitions are common and are viewed as a positive sign of confidence in the company's performance and future prospects.

Comparison to Industry Standards

  • Director stock ownership is a common practice across publicly traded companies.
  • The amount of stock held by directors varies widely depending on the size and stage of the company, as well as individual compensation packages.
  • Benchmarking against peer companies would provide a more detailed understanding of Johansen's holdings relative to industry standards.

Stakeholder Impact

  • The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates

DateDescription
03/01/2024Date of transaction: Acquisition of 1,588 shares of common stock.
03/04/2024Date of report: Filing date of the Form 4.

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