IDACORP (IDA) director granted 1,007-share annual stock retainer

Rhea-AI Filing Summary

Madison Scott W reported acquisition or exercise transactions in this Form 4 filing.

IDACORP Inc. director Madison Scott W received an annual stock retainer of 1,007 shares of common stock under the IDACORP, Inc. 2000 Long‑Term Incentive and Compensation Plan in a transaction exempt under Rule 16(b)-3. After this grant, the director directly holds 2,226.408 shares, including 32.408 shares accumulated through the plan’s dividend reinvestment feature.

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

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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^*

Madison Scott W

(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	2,226.408(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 32.408 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).
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FAQ

What insider transaction did IDACORP (IDA) disclose for Madison Scott W?

IDACORP disclosed that director Madison Scott W received an annual stock retainer of 1,007 shares of common stock. The award was granted under the company’s 2000 Long-Term Incentive and Compensation Plan in a transaction categorized as a grant, award, or other acquisition.

How many IDACORP (IDA) shares does Madison Scott W own after this Form 4?

After the reported grant, Madison Scott W directly owns 2,226.408 shares of IDACORP common stock. This total includes 1,007 newly granted retainer shares and 32.408 shares accumulated through the dividend reinvestment feature of the applicable compensation plan to date.

Was the IDACORP (IDA) stock grant to Madison Scott W a cash purchase?

No, the stock grant was not a cash purchase. The 1,007 shares were issued as an annual stock retainer at a reported price per share of $0.0000, reflecting a non-cash grant under IDACORP’s 2000 Long-Term Incentive and Compensation Plan for director compensation.

Under what plan was the IDACORP (IDA) director stock retainer granted?

The 1,007-share annual stock retainer for director Madison Scott W was issued under the IDACORP, Inc. 2000 Long-Term Incentive and Compensation Plan. The Form 4 notes that this transaction is exempt under Rule 16(b)-3 of the Securities Exchange Act of 1934 for reporting purposes.

What do the dividend reinvestment shares mean for IDACORP (IDA) director ownership?

The filing states that 32.408 of Madison Scott W’s total 2,226.408 IDACORP shares were acquired through the dividend reinvestment feature of the applicable compensation plan. This indicates that plan dividends have been automatically reinvested into additional shares over time for the director.