Tatum Timothy E 4

What Happened

• Timothy E. Tatum, VP Regulatory Affairs (IPC) at IDACORP (IDA), received performance-based shares and related restricted stock units on 2026-02-20. A total of 2,019 shares were issued upon satisfaction of performance criteria for the 2023–2025 period; 588 of those were recorded as restricted stock units (derivative awards). To cover tax withholding, 911 shares were disposed at $139.89 each, generating proceeds of $127,440.

Key Details

• Transaction date: February 20, 2026 (reported on Form 4 filed 2026-02-24).
• Awards received: 2,019 shares issued for no cash consideration (performance-based units satisfied per footnote F1).
• Restricted stock units: 588 RSUs recorded at $0.00 (each RSU = contingent right to one share; vesting date noted as January 1, 2029 per F4–F5).
• Tax withholding/disposition: 911 shares disposed at $139.89 for total proceeds of $127,440 (transaction code F — tax withholding).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes of note: F1 explains the shares were issued for no consideration upon meeting performance goals; F4–F5 describe RSU mechanics and vesting; F2–F3 reference dividend reinvestment and 401(k) holdings.
• Timeliness: Filing shows report date 2026-02-24 for transactions dated 2026-02-20; no late-filing flag indicated.

Context

• This was primarily an award of company shares (a non-cash, performance-based grant) rather than an open-market purchase or a discretionary sale. The disposal of 911 shares was a routine sell-to-cover/tax-withholding action tied to the award, not an independent sale for liquidity. The RSUs are contingent awards that vest in the future (1/1/2029).