IDACORP (NYSE: IDA) director awarded 689-share stock retainer grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Sharon L. reported acquisition or exercise transactions in this Form 4 filing.
IDACORP Inc. director Sharon L. Miller received a grant of common stock as part of her board compensation. She was awarded 689 shares at a price of $0.00 per share in a prorated annual stock retainer issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan. Following this grant, she directly holds 689 shares of IDACORP common stock. The transaction is described as exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934, indicating it is a routine, compensation-related equity award rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Sharon L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 689 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 689 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 689 shares
Grant price: $0.00 per share
Shares held after grant: 689 shares
3 metrics
Shares granted
689 shares
Prorated annual stock retainer grant
Grant price
$0.00 per share
Director stock award compensation
Shares held after grant
689 shares
Direct ownership following transaction
Key Terms
Prorated annual stock retainer, Long-Term Incentive and Compensation Plan, Rule 16(b)-3
3 terms
Prorated annual stock retainer financial
"Prorated annual stock retainer issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan"
Long-Term Incentive and Compensation Plan financial
"issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan"
Rule 16(b)-3 regulatory
"in a transaction exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934"
FAQ
What insider transaction did IDACORP (IDA) report for Sharon L. Miller?
IDACORP reported that director Sharon L. Miller received a grant of 689 shares of common stock. The award was a prorated annual stock retainer under the company’s 2000 Long-Term Incentive and Compensation Plan, treated as a routine compensation-related equity grant.
Was the IDACORP (IDA) stock grant to Sharon L. Miller an open-market purchase?
No, the 689-share transaction was a stock grant with a $0.00 per-share price. It represents a prorated annual stock retainer issued under IDACORP’s long-term incentive and compensation plan, not an open-market purchase of shares on an exchange.
Under what plan was the Sharon L. Miller IDACORP (IDA) stock award issued?
The 689-share award was issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan. The filing describes it as a prorated annual stock retainer for board service, granted as equity compensation rather than a cash payment.
How is the IDACORP (IDA) stock grant to Sharon L. Miller treated under SEC rules?
The filing notes the prorated annual stock retainer is exempt under Rule 16(b)-3. That SEC rule generally covers certain issuer-approved, compensation-related transactions, indicating this grant is treated as a routine, board-approved equity award for insider reporting purposes.