Form 4: IDACORP SVP Jeffrey Malmen Reports Stock Transactions
SEC Form 4 Filing
Jeffrey Malmen, SVP of Public Affairs at IDACORP INC, reports the vesting and subsequent disposal of restricted stock units.
Summary
- On January 1, 2025, Jeffrey Malmen, SVP of Public Affairs at IDACORP INC, had 1,448 restricted stock units vest, each representing a contingent right to receive one share of IDA common stock.
- Also on January 1, 2025, Malmen disposed of these 1,448 shares at a price of $0.00.
- On January 2, 2025, Malmen disposed of 729 shares of common stock at a price of $108.49.
- Following these transactions, Malmen beneficially owns 19,756 shares of IDACORP INC common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 2024-05-16 | Date of Power of Attorney execution. |
| 2025-01-01 | Restricted stock units vested and were disposed of. |
| 2025-01-02 | Common stock disposed of at $108.49 per share. |
| 2025-01-03 | Date of signature for the Form 4 filing. |
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