IDA Form 3: Timothy Tatum reports 1,232 shares and 1,971 RSUs
Timothy E. Tatum, VP Regulatory Affairs at IDACORP, reports beneficial ownership arising from vested shares, 401(k) holdings and restricted stock units as of the 12/31/2024 event date.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Timothy E. Tatum, VP Regulatory Affairs at IDACORP, reports beneficial ownership arising from vested shares, 401(k) holdings and restricted stock units as of the 12/31/2024 event date. He directly owns 1,232.41 common shares (including 56.410 in a dividend reinvestment plan) and indirectly holds 3,209.1977 shares through a 401(k) plan trustee. He also holds 1,971 restricted stock units that convert to common shares: 535 vesting 01/01/2025, 622 vesting 01/01/2026 and 814 vesting 01/01/2027, each with a $0.00 conversion price.
Positive
- Clear disclosure of ownership: direct shares, 401(k) holdings and RSU vesting schedule are itemized with exact amounts
- RSU conversion terms stated: each restricted stock unit represents a contingent right to one share at $0.00, with specific vesting dates
Negative
- None.
Insights
TL;DR: Routine Form 3 disclosing officer holdings and scheduled RSU vesting; no new material transactions reported.
The filing documents the officer's existing direct and indirect equity positions and a schedule of restricted stock units that convert one-for-one to common shares on stated vesting dates. All figures, including 1,232.41 direct shares, 3,209.1977 401(k) shares, and 1,971 RSUs with specified vest dates, are explicitly reported and consistent with an initial beneficial ownership disclosure.
TL;DR: Disclosure is informational; holdings and future share issuance from RSUs are clearly itemized but do not indicate an immediate material impact.
The Form 3 enumerates current and contingent equity exposure for the reporting officer. It lists direct ownership, indirect 401(k) holdings by plan trustee, and three tranches of RSUs that convert to common stock at $0.00 per unit on specified future dates. The data are precise and allow basic share-counting for ownership assessment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock (401(k)) | -- | -- | -- |
Footnotes (6)
- F1. Includes 56.410 shares in the reporting person's dividend reinvestment plan as of December 31, 2024.
- F2. Total shares in 401(k) plan as of December 31, 2024.
- F3. The restricted stock units vested January 1, 2025.
- F4. The restricted stock units vest January 1, 2026.
- F5. The restricted stock units vest January 1, 2027.
- F6. Each restricted stock unit represents a contingent right to receive one share of IDA common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IDA Form 3 filed for Timothy E. Tatum disclose?
How many restricted stock units does IDA officer Timothy Tatum hold and when do they vest?
Does each restricted stock unit convert into IDA common stock and at what price?
What is Timothy Tatum's role at IDACORP as stated on the form?
AI-generated analysis. How Rhea-AI works. Not financial advice.