Grow Lisa A 4

What Happened

• Lisa A. Grow, President & CEO and Director of IDACORP (IDA), was granted 25,998 shares on 2026-02-20 upon satisfaction of performance-based awards for the 2023–2025 period. To cover tax withholding, 11,609 of those shares were surrendered at $139.89 per share, generating $1,623,983. In addition, Grow was granted 8,258 restricted stock units (RSUs) that represent contingent rights to receive shares in the future.

Key Details

• Transaction dates: reported period 2026-02-20; filing dated 2026-02-24.
• Awarded shares received for no consideration: 25,998 (performance-based settlement).
• Shares withheld/surrendered for tax: 11,609 at $139.89/share = $1,623,983 (coded F: tax withholding).
• New RSUs: 8,258 restricted stock units (derivative), $0 cost; each RSU represents one share and vests on January 1, 2029.
• Shares owned after the transactions: not specified in the filing.
• Footnotes of note: (F1) performance-based units settled for no consideration; (F2) RSUs = contingent right to one share; (F3) RSUs vest 1/1/2029.
• Filing timeliness: report filed 4 days after the transactions (file shows 2/20/2026 transactions, filed 2/24/2026).

Context

• The surrender of 11,609 shares was for tax withholding, a routine disposition that does not necessarily indicate a change in the insider’s view of the company.
• The RSUs are time- and/or service-based compensation that will convert to shares only if vesting conditions are satisfied (vesting date: Jan 1, 2029).