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IDACORP (NYSE: IDA) CEO granted stock, withholds shares to cover taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

IDACORP President & CEO Lisa A. Grow reported equity awards and related tax withholding transactions. She received 8,258 restricted stock units, each representing a right to one share of IDACORP common stock, awarded for the 2023–2025 performance period at no cash cost.

She was also granted 25,998 shares of common stock on the same date, again at no cash cost, increasing her direct common stock holdings to 47,921 shares before tax withholding. To cover tax obligations, 11,609 shares of common stock were disposed of at a price of $139.89 per share, leaving her with 36,312 directly held common shares. The 8,258 restricted stock units are scheduled to vest on January 1, 2029.

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Insider Grow Lisa A
Role President & CEO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 8,258 $0.00 --
Grant/Award Common Stock 25,998 $0.00 --
Tax Withholding Common Stock 11,609 $139.89 $1.62M
Holdings After Transaction: Restricted Stock Units — 8,258 shares (Direct); Common Stock — 47,921 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*
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
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 25,998 A (1) 47,921 D
Common Stock 02/20/2026 F 11,609 D $139.89 36,312 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 8,258 (3) (3) Common Stock 8,258 $0 8,258 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did IDACORP (IDA) CEO Lisa Grow report?

Lisa Grow reported receiving equity awards and a related tax withholding sale. She acquired 8,258 restricted stock units and 25,998 common shares at no cash cost, and 11,609 shares were disposed of to satisfy tax obligations tied to these awards.

How many IDACORP (IDA) restricted stock units did the CEO receive?

She received 8,258 restricted stock units. Each unit represents a contingent right to receive one share of IDACORP common stock, granted upon achievement of performance criteria for the 2023–2025 period, and scheduled to vest in full on January 1, 2029.

What common stock grants did IDACORP (IDA) report for its CEO?

The CEO was granted 25,998 shares of IDACORP common stock at a reported price of $0 per share. These shares were part of her compensation awards, increasing her direct holdings before tax withholding transactions were executed to cover associated tax liabilities.

Why were 11,609 IDACORP (IDA) shares disposed of in this Form 4?

11,609 common shares were disposed of to pay tax liabilities related to the equity awards. The transaction used a price of $139.89 per share, reflecting a tax-withholding disposition rather than an open-market sale for investment or portfolio management purposes.

What are Lisa Grow’s IDACORP (IDA) share holdings after these transactions?

After these transactions, Lisa Grow directly holds 36,312 shares of IDACORP common stock. She also holds 8,258 restricted stock units, which represent additional potential shares that are subject to vesting conditions and are scheduled to vest on January 1, 2029.

When do the IDACORP (IDA) restricted stock units for the CEO vest?

The 8,258 restricted stock units for the CEO vest on January 1, 2029. These units were granted following satisfaction of performance criteria for the 2023–2025 period and convert into an equal number of IDACORP common shares upon vesting.