Form 4: IDACORP INC Director Lisa A. Grow Reports Acquisition and Disposal of Shares

Lisa A. Grow, Director and President & CEO of IDACORP INC, reports acquiring 13,780 shares and disposing of 6,208 shares of common stock on February 21, 2025.

Summary

• On February 21, 2025, Lisa A. Grow, a Director and the President & CEO of IDACORP INC, acquired 13,780 shares of common stock.
• These shares were received without cost due to the fulfillment of performance criteria related to a performance-based unit award for the 2022-2024 period.
• On the same day, Ms. Grow disposed of 6,208 shares at a price of $114.2.
• Following these transactions, Ms. Grow directly owns 60,681 shares of IDACORP INC common stock.
• Ms. Grow also holds 9,196 restricted stock units, each representing a contingent right to receive one share of IDA common stock, which vest on January 1, 2028.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing. The acquisition of shares is a slightly positive signal, while the disposal is slightly negative, balancing out overall.

Positives

• The acquisition of 13,780 shares indicates confidence in the company's performance, as the shares were awarded based on the achievement of performance criteria.

Negatives

• The disposal of 6,208 shares could be interpreted negatively, although it may be for personal financial management reasons.

Risks

• There are no specific risks mentioned in this document.
• However, insider selling can sometimes be perceived negatively by the market.

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 executives and directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the U.S., ensuring transparency of insider transactions.
• Companies like Duke Energy, Edison International, and NextEra Energy also have similar insider transaction filings, reflecting standard regulatory compliance.

Stakeholder Impact

• The transactions may have a minor impact on shareholders' perception of the company, depending on how they interpret the insider's actions.

Key Dates