IDACORP (NYSE: IDA) VP receives stock grants and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IDACORP executive Timothy E. Tatum reported equity awards and related share withholdings. He acquired 588 restricted stock units, each representing one share of IDACORP common stock, which vest on January 1, 2029. He also received 2,019 shares of common stock for no cash consideration upon meeting performance criteria for the 2023–2025 performance period, with 911 shares withheld to cover tax obligations at a price of $139.89 per share. After these transactions, he holds 1,479.014 shares of common stock directly, plus 588 restricted stock units, along with additional shares held indirectly in a 401(k) plan by a plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Tatum Timothy E
Role
VP Regulatory Affairs (IPC)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 588 | $0.00 | -- |
| Grant/Award | Common Stock | 2,019 | $0.00 | -- |
| Tax Withholding | Common Stock | 911 | $139.89 | $127K |
| holding | Common Stock (401(k)) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 588 shares (Direct);
Common Stock — 2,390.014 shares (Direct);
Common Stock (401(k)) — 3,300.536 shares (Indirect, By Plan Trustee)
Footnotes (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. Comprised of 60.014 shares in the reporting person's dividend reinvestment plan to date. Total shares in 401(k) plan to date. 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.
FAQ
What insider transactions did IDACORP (IDA) report for Timothy E. Tatum?
Timothy E. Tatum reported equity awards and tax-related withholdings. He acquired 2,019 IDACORP common shares and 588 restricted stock units, while 911 shares were withheld to cover tax liabilities tied to these awards.
How many restricted stock units did IDACORP (IDA) grant to Timothy E. Tatum?
IDACORP granted Timothy E. Tatum 588 restricted stock units. Each unit represents one share of IDACORP common stock and provides a contingent right to receive that share if the vesting conditions are satisfied.
When do Timothy E. Tatum’s IDACORP restricted stock units vest?
Timothy E. Tatum’s restricted stock units vest on January 1, 2029. Vesting means that, on that date, each vested unit converts into one share of IDACORP common stock, assuming continued satisfaction of the award’s conditions.