IDACORP (IDA) director Susan Morris receives 1,007-share stock retainer grant

Rhea-AI Filing Summary

MORRIS SUSAN reported acquisition or exercise transactions in this Form 4 filing.

IDACORP director Susan Morris received an annual stock retainer of 1,007 shares of common stock under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan in a transaction exempt under Rule 16(b)-3. After this grant, she directly owns 4,716.542 shares, including 166.542 shares held in a dividend reinvestment plan as of March 1, 2026.

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^*

MORRIS SUSAN

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		A		1,007(1)	A	$0	4,716.542(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

Explanation of Responses:

1. Annual stock retainer issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan in a transaction exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.

2. Includes 166.542 shares in the reporting person's dividend reinvestment plan as of March 1, 2026.

	/s/Cheryl W. Thompson, Attorney-in-Fact	03/03/2026
	** 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) director Susan Morris report?

Director Susan Morris reported receiving 1,007 shares of IDACORP common stock as an annual stock retainer. The award was issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan in a transaction exempt under Rule 16(b)-3 of the Securities Exchange Act.

Was the Susan Morris IDACORP (IDA) stock transaction a purchase or a grant?

The transaction was a grant, not an open-market purchase. Susan Morris acquired 1,007 IDACORP common shares as an annual stock retainer awarded under the company’s long-term incentive and compensation plan, with a reported price per share of $0.0000 for this grant.

How many IDACORP (IDA) shares does Susan Morris own after this Form 4?

After the reported grant, Susan Morris directly owns 4,716.542 shares of IDACORP common stock. This total includes 166.542 shares held in her dividend reinvestment plan as of March 1, 2026, reflecting her updated beneficial ownership position.

What plan governed Susan Morris’s stock grant at IDACORP (IDA)?

The 1,007-share grant to Susan Morris was issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan. This plan provides equity-based compensation, and the transaction is described as exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.

Are Susan Morris’s dividend reinvestment shares at IDACORP (IDA) included in this filing?

Yes. The filing notes that her holdings include 166.542 shares in the dividend reinvestment plan as of March 1, 2026. These shares are part of the reported 4,716.542 total shares owned following the stock retainer grant transaction.

What SEC rule exemption applies to Susan Morris’s IDACORP (IDA) stock grant?

The stock grant is described as exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934. This rule generally provides an exemption from short-swing profit recovery for certain insider transactions that are approved and structured under qualifying compensation arrangements.