Buckham Brian R 4

What Happened

• Brian R. Buckham, EVP, Chief Financial Officer and Treasurer of IDACORP (IDA), received 7,410 shares upon satisfaction of 2023–2025 performance criteria and simultaneously had 3,309 shares withheld to satisfy tax withholding (disposed at $139.89 each for proceeds of $462,896). He was also granted 2,402 restricted stock units (RSUs) as a derivative award (each RSU converts to one share upon vesting).

Key Details

• Transaction date: February 20, 2026; Form 4 filed Feb 24, 2026 (reporting period 2026-02-20).
• Award received: 7,410 shares (received for no consideration per company footnote).
• Tax withholding: 3,309 shares disposed at $139.89 each, proceeds $462,896 (code F — tax/payment withholding).
• Additional grant: 2,402 RSUs recorded as acquired at $0.00 (derivative award); each RSU equals one share contingent on vesting.
• Net immediate shares received after withholding: 7,410 − 3,309 = 4,101 shares.
• Vesting detail: RSUs vest on January 1, 2029 (per filing footnote).
• Total shares owned after the transaction: not disclosed in the provided filing data.
• No indication this was a 10b5-1 sale or a late filing in the provided information.

Context

• The primary activity here is compensation-related (performance-based award and RSU grant), not an open-market purchase. The 3,309-share disposition was a routine tax withholding to satisfy the officer’s tax liability on the award. RSUs are contingent awards that vest in the future (2029) and do not represent immediate market purchases.