IDACORP (NYSE: IDA) VP sells 1,300 shares, granted new stock
Rhea-AI Filing Summary
IDACORP VP of Plan, Eng, & Const (IPC) Mitchel D. Colburn reported several equity transactions in company stock. He sold 1,300 shares of common stock in an open-market transaction at a weighted average price of $142.6455 per share, leaving him with 2,427.694 common shares.
On the same date range, he had 665 common shares withheld at $139.89 per share to cover tax obligations. He also acquired 1,629 shares of common stock for no consideration upon satisfaction of performance criteria for the 2023–2025 period and received 557 restricted stock units, each representing one future share of IDACORP common stock.
The 557 restricted stock units vest on January 1, 2029, adding a long-term equity incentive to his compensation package.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,300 | $142.6455 | $185K |
| Grant/Award | Restricted Stock Units | 557 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,629 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 665 | $139.89 | $93K |
Footnotes (5)
- F1. 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.
- F2. Includes 148.694 shares in the reporting person's dividend reinvestment plan to date.
- F3. This transaction was executed in multiple trades at prices ranging from $142.57 to $142.78. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F4. Each restricted stock unit represents a contingent right to receive one share of IDA common stock.
- F5. The restricted stock units vest on January 1, 2029.
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