Form 4: IDACORP VP Reports Executive Stock Transactions
Insider Transaction Report
IDACORP's VP of Customer Operations and CSO, James Hanchey, reported a series of stock transactions including RSU vesting, a 401(k) disposition, and tax-related share disposals.
Summary
- James Bo D Hanchey, VP of Cust Op & CSO (IPC) at IDACORP INC, reported changes in his beneficial ownership of company stock.
- On September 16, 2025, 500 shares of Common Stock held in a 401(k) plan were disposed of indirectly at a price of $125.35 per share. The deemed execution date was September 18, 2025.
- Following the 401(k) disposition, 624.6743 shares were beneficially owned indirectly by the Plan Trustee.
- On January 1, 2026, 513 Restricted Stock Units (RSUs) vested, converting into 513 shares of IDACORP common stock at a price of $0.00 per unit.
- After the RSU vesting, direct beneficial ownership increased to 2,992 shares.
- On January 2, 2026, 257 shares of Common Stock were disposed of directly at $127.30 per share, likely for tax withholding purposes related to the RSU vesting.
- After the tax-related disposition, 2,735 shares were beneficially owned directly.
Sentiment
Score: 5
Explanation: The filing reports standard insider transactions related to executive compensation, including RSU vesting and subsequent share dispositions for tax purposes and from a 401(k) plan. There are no overtly positive or negative operational or financial disclosures.
Positives
- The vesting of 513 Restricted Stock Units on January 1, 2026, indicates the executive's continued compensation and alignment with shareholder interests through equity awards.
Negatives
- A disposition of 500 shares from a 401(k) plan on September 16, 2025, reduced indirect ownership.
- A disposition of 257 shares on January 2, 2026, likely for tax withholding, reduced direct ownership.
Future Outlook
This filing is a report of past insider transactions and does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details routine insider transactions related to executive compensation, which is a standard practice across publicly traded companies. It does not provide information to assess broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Provides transparency regarding changes in executive stock ownership, which is a standard aspect of corporate governance. The transactions are routine and compensation-related, unlikely to have a significant impact on shareholder sentiment or share price.
Key Dates
| Date | Description |
|---|---|
| 09/16/2025 | Transaction date for the disposition of 500 Common Stock (401(k)) shares. |
| 09/18/2025 | Deemed execution date for the disposition of 500 Common Stock (401(k)) shares. |
| 01/01/2026 | Vesting date for 513 Restricted Stock Units and acquisition of 513 Common Stock shares. |
| 01/02/2026 | Transaction date for the disposition of 257 Common Stock shares. |
| 01/05/2026 | Signature date of the reporting person's attorney-in-fact for the filing. |
Keywords
IDACORP, IDA, Form 4, insider transaction, restricted stock units, RSU vesting, executive compensation, stock ownership, 401k
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