IDACORP (IDA) VP exercises 500 RSUs; 225 shares withheld for taxes

Rhea-AI Filing Summary

IDACORP, Inc. reported an equity transaction by its Vice President of Plan, Engineering & Construction (IPC). On January 1, 2026, the officer exercised 500 restricted stock units, receiving an equal number of IDACORP common shares at an exercise price of $0.00 per share. The same filing shows a separate transaction on January 2, 2026, where 225 shares of common stock were disposed of at $127.30 per share in a transaction coded "F", indicating shares withheld to satisfy tax obligations. After these transactions, the officer beneficially owned 2,763.694 shares of IDACORP common stock, including 148.694 shares held through a dividend reinvestment plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Colburn Mitchel D

(Last) (First) (Middle)

1221 W IDAHO STREET

(Street)

BOISE ID 83702

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
IDACORP INC [ IDA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP of Plan, Eng, & Const (IPC)

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/01/2026		M		500	A	$0.00(1)	2,988.694(2)	D
Common Stock	01/02/2026		F		225	D	$127.3	2,763.694(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0.00(1)	01/01/2026		M			500	(3)	(3)	Common Stock	500	$0.00	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of IDA common stock.

2. Includes 148.694 shares in the reporting person's dividend reinvestment plan to date.

3. The restricted stock units vested on January 1, 2026.

	/s/ Cheryl W. Thompson, Attorney-in-Fact	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did IDACORP (IDA) report in this Form 4?

IDACORP reported that a company officer exercised 500 restricted stock units on January 1, 2026, receiving 500 shares of IDACORP common stock at an exercise price of $0.00 per share.

Who is the IDACORP (IDA) insider involved and what is their role?

The reporting person is an officer of IDACORP, serving as VP of Plan, Eng, & Const (IPC), as indicated in the relationship section.

How many IDACORP (IDA) shares did the officer dispose of and at what price?

On January 2, 2026, the officer disposed of 225 shares of IDACORP common stock in a transaction coded "F" at a price of $127.30 per share, reflecting shares withheld for tax purposes.

What does the 500 restricted stock unit transaction mean for IDACORP (IDA) shares?

Each restricted stock unit represents a right to receive one share of IDACORP common stock, so the vesting and exercise of 500 restricted stock units on January 1, 2026 resulted in the issuance of 500 common shares to the officer.

How many IDACORP (IDA) shares does the officer own after these transactions?

Following the reported transactions, the officer beneficially owns 2,763.694 shares of IDACORP common stock, which includes 148.694 shares held in a dividend reinvestment plan.

When did the IDACORP (IDA) restricted stock units vest?

The explanation notes that the restricted stock units vested on January 1, 2026, which is the same date as the exercise of the 500 units into common stock.

Is the IDACORP (IDA) Form 4 filed for a single reporting person or a group?

The filing indicates that it is a Form filed by One Reporting Person, not a joint or group filing.