Griffin Sarah E 4

What Happened
Sarah E. Griffin, Vice President of Human Resources (IPC) at IDACORP (IDA), received awards and had shares withheld/sold for tax withholding. On Feb 20, 2026 she was granted 1,850 shares that were issued for no cash consideration upon satisfaction of 2023–2025 performance criteria, and 553 restricted stock units (RSUs). To satisfy tax withholding, 749 shares were disposed of at $139.89 each, generating $104,778.

Key Details

• Transaction date: February 20, 2026 (Form 4 filed Feb 24, 2026). Filing appears timely (filed within the SEC’s 2 business-day window).
• Tax-withholding sale: 749 shares sold at $139.89 for proceeds of $104,778 (Disposition, code F).
• Awards/acquisitions: 1,850 shares issued for no consideration upon satisfaction of performance criteria (code A; footnote F1). 553 RSUs granted (derivative; code A) with a reported acquisition price of $0.00.
• RSU specifics: Each RSU equals the right to one share (F2); RSUs vest on January 1, 2029 (F3).
• Shares owned after transaction: Not specified in the filing.

Context
The 1,850-share award reflects settlement of performance-based units for the 2023–2025 performance period (no cash paid). The 553 RSUs are time-based/contingent and won’t convert into stock until vesting (Jan 1, 2029). The 749-share sale was a tax-withholding transaction (common administrative sell to cover taxes) and should not be read as an independent bearish vote on the company.