Idacorp INC reported a series of insider transactions by Colburn Mitchel D, the company s Vice President of Plan, Engineering & Construction (IPC), in a Form 4 filed with the U.S. Securities and Exchange Commission. The filing shows that on February 23, 2026, Colburn sold 1,300 shares of Idacorp common stock for an aggregate amount of approximately $185,439. The sales were completed across multiple trades at prices ranging from $142.57 to $142.78.
In the same Form 4, Colburn is also shown to have acquired 1,629 shares of common stock that are recorded with a value of $0. The filing further indicates the acquisition of 557 restricted stock units. Separately, the document shows an additional disposal of 665 shares at a price of $139.89 per share, for a total value of $93,026.
After these reported transactions, Colburn directly owns 2,427.694 shares of Idacorp INC common stock, according to the filing. An InvestingPro analysis referenced in the filing materials notes that the stock currently appears overvalued relative to its Fair Value.
Idacorp s reported operational results accompany the insider transaction record. In its fourth quarter of 2025, the company reported net income of $43.6 million, equivalent to $0.78 per diluted share. That result exceeded analyst expectations, which had been for earnings of $0.73 per diluted share, and represented an improvement versus the fourth quarter of 2024, when Idacorp reported net income of $37.9 million, or $0.70 per diluted share.
The company also issued strong guidance for 2026 in its announcement; however, the public statements did not disclose specific numerical targets or figures for that guidance. The combination of insider activity, the valuation note from InvestingPro, the quarterly earnings beat, and non-specific forward guidance provides investors with a set of discrete data points to consider.
Below are the critical takeaways from the filing and the earnings announcement, followed by potential risks and sectors affected.
- Insider transactions: Colburn sold 1,300 shares on February 23, 2026 for about $185,439 (traded at $142.57 to $142.78) and disposed of an additional 665 shares at $139.89 totaling $93,026.
- Share grants and units: The Form 4 records acquisition of 1,629 shares with a reported value of $0 and receipt of 557 restricted stock units.
- Ownership and valuation: Post-transactions Colburn directly holds 2,427.694 shares. InvestingPro analysis cited in the filing indicates the stock appears overvalued versus its Fair Value.
- Financial performance: Q4 2025 net income stood at $43.6 million, or $0.78 per diluted share, beating estimates of $0.73 and improving from $37.9 million, or $0.70, in Q4 2024. Guidance for 2026 was described as strong but no specific figures were disclosed.
Key points and risks highlighted are based solely on the information presented in the filing and the company announcement.