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IDACORP (IDA) CEO details RSU vesting, share sale and divorce transfer

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

IDACORP, Inc. President and CEO reported equity award activity and changes in share ownership. On January 1, 2026, 7,983 restricted stock units converted into the same number of common shares at an exercise price of $0.00, increasing her directly held stock. On January 2, 2026, 3,641 shares of common stock were disposed of at $127.3 per share, typically reflecting a sale or withholding related to the award, leaving 21,923 shares of common stock held directly after the reported transactions.

The filing also notes that since her prior ownership report, the CEO transferred 43,100 shares of IDACORP common stock to her ex-spouse pursuant to a divorce decree and domestic relations order and no longer reports those securities as beneficially owned.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Grow Lisa A

(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)
President & CEO
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 7,983 A $0.00(1) 25,564(2) D
Common Stock 01/02/2026 F 3,641 D $127.3 21,923 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 7,983 (3) (3) Common Stock 7,983 $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. Since the date of the reporting person's last ownership report, she transferred 43,100 shares of IDA common stock to her ex-spouse pursuant to a divorce decree and a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by her ex-spouse.
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 activity did IDACORP (IDA) report for its President & CEO?

The President & CEO reported the vesting of 7,983 restricted stock units into common shares on January 1, 2026, followed by the disposition of 3,641 common shares on January 2, 2026 at $127.3 per share.

How many IDACORP (IDA) shares does the CEO hold after these transactions?

After the reported transactions, the CEO beneficially owns 21,923 shares of IDACORP common stock in direct ownership.

What are the terms of the IDACORP restricted stock units reported in this Form 4?

Each restricted stock unit represents a contingent right to receive one share of IDACORP common stock, and the 7,983 units reported vested on January 1, 2026 at an exercise price of $0.00.

What share transfer related to a divorce is disclosed for IDACORP (IDA)'s CEO?

Since her last ownership report, the CEO transferred 43,100 shares of IDACORP common stock to her ex-spouse pursuant to a divorce decree and domestic relations order and no longer reports those shares as beneficially owned.

Was the IDACORP (IDA) CEO transaction related to a Rule 10b5-1 trading plan?

The form includes a checkbox for transactions made under a Rule 10b5-1(c) trading plan, but the excerpt does not indicate that this box was checked for the reported transactions.

What type of securities did the IDACORP (IDA) CEO report in Table II of the Form 4?

Table II reports restricted stock units with an exercise price of $0.00, which converted into 7,983 shares of IDACORP common stock upon vesting on January 1, 2026, leaving 0 derivative securities beneficially owned afterward.
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