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Director Dennis L. Johnson receives 1,007 IDACORP (IDA) shares as stock retainer

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

Rhea-AI Filing Summary

Johnson Dennis L reported acquisition or exercise transactions in this Form 4 filing.

IDACORP Inc. director Dennis L. Johnson received an equity award of 1,007 shares of common stock as an annual stock retainer. The shares were issued at no cash cost to him under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan in a transaction exempt under Rule 16(b)-3.

After this grant and prior dividend reinvestments under the applicable compensation plan, Johnson directly holds a total of 17,969.775 IDACORP common shares, including 2,204.775 shares accumulated through the plan’s dividend reinvestment feature.

Positive

  • None.

Negative

  • None.
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*
Johnson Dennis L

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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 03/01/2026 A 1,007(1) A $0 17,969.775(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
Explanation of Responses:
1. Annual stock retainer issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan in a transaction exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934.
2. Includes 2,204.775 shares acquired pursuant to the dividend reinvestment feature under the applicable compensation plan to date.
/s/Cheryl W. Thompson, Attorney-in-Fact 03/03/2026
** 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.

FAQ

What did IDACORP (IDA) director Dennis L. Johnson report in this Form 4?

Dennis L. Johnson reported receiving an award of 1,007 IDACORP common shares as an annual stock retainer. The shares were granted under the company’s 2000 Long-Term Incentive and Compensation Plan and did not involve an open-market purchase or sale.

How many IDACORP (IDA) shares does Dennis L. Johnson hold after this grant?

After the grant, Dennis L. Johnson directly holds 17,969.775 IDACORP common shares. This total includes shares received as director compensation and 2,204.775 shares accumulated through the dividend reinvestment feature of the applicable compensation plan.

Was cash paid for the 1,007 IDACORP (IDA) shares reported in this Form 4?

No cash was paid for the 1,007 shares; they were issued as an annual stock retainer. The grant was made under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan at a reported per-share transaction price of $0.0000.

Under what plan was the IDACORP (IDA) stock retainer granted to Dennis L. Johnson?

The stock retainer was granted under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan. This plan provides equity-based compensation to eligible participants, and the reported grant is described as an annual stock retainer for Johnson’s director service.

How many IDACORP (IDA) shares did Dennis L. Johnson acquire through dividend reinvestment?

Dennis L. Johnson’s reported holdings include 2,204.775 IDACORP shares acquired through the dividend reinvestment feature of the applicable compensation plan. These shares accumulated over time as dividends were reinvested in additional common stock rather than being taken in cash.

Is the IDACORP (IDA) stock award to Dennis L. Johnson exempt from short-swing profit rules?

The award is described as exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934. Rule 16(b)-3 generally provides exemptions from short-swing profit recovery for certain board-approved grants and awards made under qualifying benefit or compensation plans.
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