Hanchey James Bo D 4

What Happened

• James Bo D. Hanchey, Vice President of Customer Operations & Chief Security Officer (IPC) at IDACORP (IDA), received performance-based shares and restricted stock units (RSUs) and had 765 shares disposed to cover tax obligations.
• Transactions on 2026-02-20: 1,668 shares were issued under a performance award (received for no consideration), 765 shares were withheld/sold at $139.89 per share totaling $107,016 to satisfy tax/payment obligations, and 449 RSUs were granted (derivative award valued at $0 on grant).

Key Details

• Transaction date: February 20, 2026; Form 4 filed Feb 24, 2026 (timeliness not flagged in the filing).
• Withholding/sale: 765 shares disposed at $139.89 each; proceeds reported as $107,016 (code F — payment of exercise price or tax liability).
• Award: 1,668 shares issued for no consideration upon satisfaction of 2023–2025 performance criteria (footnote F1).
• RSUs: 449 restricted stock units granted (each RSU = one share; footnote F3); vesting date January 1, 2029 (footnote F4).
• Shares owned after transaction: not disclosed on the filing.
• Other notes: F2 references total shares in 401(k) plan to date; these transactions reflect an award issuance plus routine tax withholding rather than an open-market investment or divestiture.

Context

• The 765-share disposal appears to be tax withholding associated with the performance award (a common administrative step) rather than an opportunistic market sale.
• The 1,668 performance shares were granted for no consideration because performance criteria were met for the 2023–2025 period; the 449 RSUs are contingent rights that will convert to shares if/when they vest (2029).
• For retail investors: awards and subsequent withholding are routine and do not necessarily indicate the insider’s view of the company’s near-term prospects.