Form 4: IDACORP VP James Bo D. Hanchey Sells 1,500 Shares of Common Stock

IDACORP's VP of Customer Operations & CSO, James Bo D. Hanchey, recently sold 1,500 shares of common stock at an average price of $95.0878.

Summary

• On May 23, 2024, James Bo D. Hanchey, VP of Customer Operations & CSO at IDACORP INC, sold 1,500 shares of common stock.
• The sale was executed at an average price of $95.0878 per share.
• Following the transaction, Hanchey directly owns 1,650 shares of IDACORP INC common stock.
• Hanchey also indirectly owns 978.9756 shares through a 401(k) plan.
• A power of attorney is in place, authorizing Brian Bishop, Julia A Hilton, and Cheryl W Thompson to act on Hanchey's behalf for SEC filings.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential shifts in management's perspective on the company's stock.

Comparison to Industry Standards

• Comparing Hanchey's transactions to those of other executives in similar roles at peer utilities companies (e.g., executives at companies like Edison International or Sempra Energy) could provide context.
• Analyzing the frequency and size of insider transactions across the utility sector can help determine if Hanchey's sale is typical or unusual.
• Benchmarking IDACORP's insider trading activity against industry averages can offer insights into the overall sentiment of company leadership regarding the stock's future performance.

Stakeholder Impact

• The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.
• The sale itself does not directly impact employees, customers, suppliers, or creditors.

Key Dates