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.

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

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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^*

Colburn Mitchel D

(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 Plan, Eng, & Const (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		1,629	A	(1)	4,392.694(2)	D
Common Stock	02/20/2026		F		665	D	$139.89	3,727.694(2)	D
Common Stock	02/23/2026		S		1,300	D	$142.6455(3)	2,427.694(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
Restricted Stock Units	(4)	02/20/2026		A		557		(5)	(5)	Common Stock	557	$0	557	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. Includes 148.694 shares in the reporting person's dividend reinvestment plan to date.

3. 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.

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

5. 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.
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FAQ

What did IDACORP (IDA) executive Mitchel D. Colburn sell in this Form 4?

Mitchel D. Colburn sold 1,300 shares of IDACORP common stock in an open-market transaction at a weighted average price of $142.6455 per share, as part of reported equity transactions in this Form 4 filing.

What new IDACORP (IDA) stock awards did Mitchel D. Colburn receive?

He received 1,629 shares of IDACORP common stock for no consideration after meeting 2023–2025 performance criteria, plus 557 restricted stock units, each representing a contingent right to one share of IDACORP common stock upon vesting.

When do Mitchel D. Colburn’s IDACORP (IDA) restricted stock units vest?

The 557 restricted stock units reported for Mitchel D. Colburn vest on January 1, 2029, providing a long-term incentive that links his future compensation to IDACORP’s share performance over the coming years.

How many IDACORP (IDA) shares does Mitchel D. Colburn hold after these transactions?

After the reported transactions, Mitchel D. Colburn directly holds 2,427.694 shares of IDACORP common stock, along with 557 restricted stock units that may convert into additional shares when they vest in 2029.

Did IDACORP (IDA) withhold shares for Mitchel D. Colburn’s taxes?

Yes. The filing shows a disposition of 665 shares of IDACORP common stock at $139.89 per share, used to satisfy tax obligations associated with the equity awards reported in this Form 4.

How were the 1,629 IDACORP (IDA) shares earned by Mitchel D. Colburn?

The 1,629 IDACORP common shares were received for no cash consideration after performance criteria were satisfied for a performance-based unit award covering the 2023–2025 performance period, according to the Form 4 footnotes.