IDACORP, Inc. DEF 14A Filing

Ticker: IDA · Form: DEF 14A · Filed: Apr 2, 2024 · CIK: 1057877

Idacorp INC DEF 14A Filing Summary
FieldDetail
CompanyIdacorp INC (IDA)
Form TypeDEF 14A
Filed DateApr 2, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$0.83, $0.79
Sentimentneutral

Sentiment: neutral

Topics: DEF 14A, IDACORP, Proxy Statement, Executive Compensation, Corporate Governance

TL;DR

<b>IDACORP, Inc. files its annual proxy statement (DEF 14A) for the fiscal year ended December 31, 2023.</b>

AI Summary

IDACORP INC (IDA) filed a Proxy Statement (DEF 14A) with the SEC on April 2, 2024. IDACORP, Inc. filed a DEF 14A form on April 2, 2024. The filing covers the fiscal year ending December 31, 2023. The company's primary business is Electric Services, SIC code 4911. IDAHO POWER CO is listed as a subsidiary or related entity. The filing includes data for fiscal years 2020, 2021, 2022, and 2023.

Why It Matters

For investors and stakeholders tracking IDACORP INC, this filing contains several important signals. This DEF 14A filing provides detailed information about executive compensation, board of directors, and shareholder proposals, which are crucial for investors to understand governance and potential impacts on company performance. The inclusion of historical data from 2020-2023 allows for trend analysis in executive compensation and other governance-related metrics, aiding investors in evaluating long-term company strategy and management alignment.

Risk Assessment

Risk Level: low — IDACORP INC shows low risk based on this filing. The filing is a routine DEF 14A, which is standard for publicly traded companies and does not indicate any unusual financial or operational distress.

Analyst Insight

Review the executive compensation details and any shareholder proposals within this DEF 14A filing to assess management incentives and corporate governance practices.

Key Numbers

Key Players & Entities

FAQ

When did IDACORP INC file this DEF 14A?

IDACORP INC filed this Proxy Statement (DEF 14A) with the SEC on April 2, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by IDACORP INC (IDA).

Where can I read the original DEF 14A filing from IDACORP INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by IDACORP INC.

What are the key takeaways from IDACORP INC's DEF 14A?

IDACORP INC filed this DEF 14A on April 2, 2024. Key takeaways: IDACORP, Inc. filed a DEF 14A form on April 2, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's primary business is Electric Services, SIC code 4911..

Is IDACORP INC a risky investment based on this filing?

Based on this DEF 14A, IDACORP INC presents a relatively low-risk profile. The filing is a routine DEF 14A, which is standard for publicly traded companies and does not indicate any unusual financial or operational distress.

What should investors do after reading IDACORP INC's DEF 14A?

Review the executive compensation details and any shareholder proposals within this DEF 14A filing to assess management incentives and corporate governance practices. The overall sentiment from this filing is neutral.

How does IDACORP INC compare to its industry peers?

IDACORP, Inc. operates in the Electric Services industry, providing essential utility services.

Are there regulatory concerns for IDACORP INC?

As a public company, IDACORP, Inc. is subject to SEC regulations for filings like the DEF 14A, ensuring transparency for investors.

Industry Context

IDACORP, Inc. operates in the Electric Services industry, providing essential utility services.

Regulatory Implications

As a public company, IDACORP, Inc. is subject to SEC regulations for filings like the DEF 14A, ensuring transparency for investors.

What Investors Should Do

  1. Analyze executive compensation packages and any changes from prior years.
  2. Review proposals submitted for shareholder vote and understand management's recommendations.
  3. Examine the composition and independence of the Board of Directors.

Key Dates

Year-Over-Year Comparison

This is the DEF 14A filing for the fiscal year 2023, following previous filings for earlier fiscal years.

Filing Stats: 4,475 words · 18 min read · ~15 pages · Grade level 14.5 · Accepted 2024-04-02 08:31:06

Key Financial Figures

Filing Documents

Executive Compensation Program Design Highlights

Executive Compensation Program Design Highlights We believe strong performance by our executive officers is essential to achieving long-term growth in shareholder value and to delivering superior service to our utility customers. We seek to accomplish this by making the majority of our executive officers' pay "at-risk," meaning we tie much of our executive officers' target compensation to our financial and operational performance. To be earned, a substantial portion of our executives' compensation requires that we achieve successful results over one- and three-year performance periods. As an executive's level of responsibility increases, so does the percentage of total compensation at-risk, which we believe aligns the interests of our executives who have the highest level of decision-making authority with the interests of our shareholders. Our executive compensation policy provides that between 35 percent and 85 percent of our executive officers' total target compensation should be at-risk incentive compensation under the short-term and long-term incentive plans. ESG Highlights We plan and operate with environmental, social, and governance ("ESG") stewardship in mind, in addition to the financial aspects of the company's operations. We recognize all decisions have financial, as well as non-financial, impacts on our customers, employees, shareholders, communities, and the environment. We intentionally include ESG action items across four priorities: keep employees safe and engaged, grow financial strength, improve the core business, and enhance the brand. In addition, we view our commitment to ESG as furthering the company's short-, medium-, and long-term business strategies to safely provide our customers with reliable, affordable, clean energy while promoting an inclusive workplace where all employees are valued and respected. We believe this commitment will also enhance long-term owner value and promote environmental and community stewardship. IDACORP, I

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