Form 4: IDACORP SVP, CFO, and Treasurer Brian Buckham Reports Stock Transactions
SEC Form 4 Filing
Brian Buckham, SVP, CFO, and Treasurer of IDACORP INC, reports the vesting and disposal of restricted stock units.
Summary
- On January 1, 2025, Brian Buckham, SVP, CFO, and Treasurer of IDACORP INC, had 1,799 restricted stock units vest, each representing a contingent right to receive one share of IDA common stock.
- On January 2, 2025, Mr. Buckham disposed of 895 shares of common stock at a price of $108.49.
- Following these transactions, Mr. Buckham beneficially owns 19,154 shares of IDACORP INC.
- Mr. Buckham has a power of attorney agreement designating Brian Bishop, Julia A. Hilton, and Cheryl W. Thompson as attorneys-in-fact to execute and file Forms 3, 4, and 5 on his behalf.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company executive, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Comparison to Industry Standards
- Corporate insiders at comparable companies like Berkshire Hathaway Energy or Avista Corp are also required to file Form 4s for similar transactions.
- These filings are a standard part of regulatory compliance and are used to monitor insider trading activity.
- The details disclosed in this filing are consistent with what is expected for executives exercising and selling vested stock options or restricted stock units.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
- Employees may be indirectly affected by the perceived financial health and stability of the company as reflected in executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| May 16, 2024 | Date of execution for Power of Attorney. |
| January 1, 2025 | Restricted stock units vested. |
| January 1, 2025 | Transaction date for acquisition of common stock via vesting of restricted stock units. |
| January 2, 2025 | Date of disposal of common stock. |
| January 3, 2025 | Date of signature for the Form 4 filing. |
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.