IDACORP (IDA) SVP reports RSU vesting and tax-related share disposal

Rhea-AI Filing Summary

IDACORP, Inc. officer listed as SVP of Public Affairs reported routine equity award activity. On 01/01/2026, 1,523 restricted stock units converted into the same number of IDACORP common shares at an exercise price of $0.00, reflecting vested stock-based compensation. On 01/02/2026, 757 shares of common stock were disposed of at $127.3 per share in a transaction coded "F", indicating shares withheld to cover tax obligations on the vesting. Following these transactions, the reporting person directly beneficially owned 17,112 shares of IDACORP common stock.

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^*

Malmen Jeffrey L

(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)
	SVP of Public Affairs

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		1,523	A	$0.00(1)	17,869	D
Common Stock	01/02/2026		F		757	D	$127.3	17,112	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			1,523	(2)	(2)	Common Stock	1,523	$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. 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.
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FAQ

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

The filing reports a senior vice president of IDACORP having 1,523 restricted stock units vest and convert into common stock on 01/01/2026, followed by a share disposal on 01/02/2026 to cover taxes.

How many IDACORP (IDA) restricted stock units vested in this transaction?

A total of 1,523 restricted stock units vested on 01/01/2026, with each unit representing a contingent right to receive one share of IDACORP common stock.

At what price were IDACORP (IDA) shares withheld for taxes?

On 01/02/2026, 757 IDACORP common shares were disposed of in a transaction coded "F" at a price of $127.3 per share, reflecting tax withholding related to the vesting.

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

After the reported transactions, the insider directly beneficially owned 17,112 shares of IDACORP common stock.

What is the role of the reporting person at IDACORP (IDA)?

The reporting person is identified as an officer of IDACORP, serving as SVP of Public Affairs.

Were the IDACORP (IDA) restricted stock units exercised for cash?

The restricted stock units had an exercise price of $0.00, meaning they converted into common shares without a cash payment when they vested on 01/01/2026.