IDACORP (IDA) HR VP receives stock awards and withholds shares for taxes

Rhea-AI Filing Summary

IDACORP executive Sarah E. Griffin, VP of Human Resources (IPC), reported mixed equity compensation activity. She acquired 553 restricted stock units and 1,850 shares of common stock on February 20, 2026 as grants for no cash consideration. On the same date, 749 common shares were disposed of at $139.89 per share to satisfy tax withholding tied to these awards, leaving her with 5,659 common shares directly owned. Footnotes explain the shares were earned upon meeting 2023–2025 performance goals and that the restricted stock units will vest on January 1, 2029.

Insights

Equity compensation and governance analyst

Routine equity awards with tax withholding, no open-market trading.

The transactions show equity compensation for Sarah E. Griffin, including 553 restricted stock units and 1,850 common shares granted for no cash payment on February 20, 2026. These awards reflect performance for the 2023–2025 period and standard long-term incentive design.

A separate disposition of 749 common shares at $139.89 per share is coded as a tax-withholding transaction, not an open-market sale. The restricted stock units vest on January 1, 2029, so their value depends on IDACORP’s share price and future service conditions.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Griffin Sarah E

Role VP of Human Resources (IPC)

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	553	$0.00	--
Grant/Award	Common Stock	1,850	$0.00	--
Tax Withholding	Common Stock	749	$139.89	$105K

Holdings After Transaction: Restricted Stock Units — 553 shares (Direct); Common Stock — 6,408 shares (Direct)

Footnotes (1)

1. These shares were received for no consideration upon the satisfaction of performance criteria underlying an award of performance-based units for the 2023-2025 performance period. Each restricted stock unit represents a contingent right to receive one share of IDA common stock. The restricted stock units vest on January 1, 2029.

Form 4 Insider Transactions: What Each Field Means →

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^*

Griffin Sarah E

(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 Human Resources (IPC)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		A		1,850	A	(1)	6,408	D
Common Stock	02/20/2026		F		749	D	$139.89	5,659	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	(2)	02/20/2026		A		553		(3)	(3)	Common Stock	553	$0	553	D

Explanation of Responses:

1. These shares were received for no consideration upon the satisfaction of performance criteria underlying an award of performance-based units for the 2023-2025 performance period.

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

3. The restricted stock units vest on January 1, 2029.

	/s/ Cheryl W. Thompson, Attorney-in-Fact	02/24/2026
	** 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 did IDACORP (IDA) executive Sarah Griffin report in this Form 4?

Sarah Griffin reported receiving equity compensation, including 553 restricted stock units and 1,850 shares of common stock, plus a related tax-withholding share disposition. These transactions occurred on February 20, 2026 and reflect awarded, not purchased, shares.

Were the IDACORP (IDA) shares in this Form 4 bought or granted?

The shares were granted, not bought. The filing shows awards of restricted stock units and common stock at $0.00 per share, indicating compensation grants rather than open-market purchases, tied to 2023–2025 performance results.

Why did Sarah Griffin dispose of 749 IDACORP (IDA) shares?

The 749 common shares were disposed of under transaction code F, meaning they covered tax liabilities from the equity awards. This type of transaction is a tax-withholding disposition, not an open-market sale initiated for portfolio reasons.

What are the terms of Sarah Griffin’s restricted stock units at IDACORP (IDA)?

Each restricted stock unit represents a right to receive one share of IDACORP common stock. The filing states the 553 restricted stock units will vest on January 1, 2029, subject to the plan’s normal vesting conditions.

How were the performance-based IDACORP (IDA) shares earned in this Form 4?

Footnotes state the common shares were received for no consideration after meeting performance criteria for the 2023–2025 performance period. This indicates the award was contingent on achieving predefined company or individual performance goals.

How many IDACORP (IDA) shares does Sarah Griffin own after these transactions?

After the reported transactions, Sarah Griffin directly owns 5,659 shares of IDACORP common stock. This reflects the new grants of 1,850 shares and the 749-share tax-withholding disposition recorded on February 20, 2026.