IDACORP INC — Director's Dealing 2025

May 15, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IDACORP INC (IDA)
CIK: 0001057877
Period of Report: 2025-05-13

Reporting Person: Malmen Jeffrey L (SVP of Public Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-13	Common Stock	S	5000	$111.31	Disposed	16346	Direct

Footnotes

F1: The reporting person is subject to a 60-day lock-up restriction under a lock-up agreement, dated May 8, 2025, in connection with IDACORP, Inc.'s offering of shares of its common stock, as described in its prospectus supplement, dated May 8, 2025, filed with the Securities and Exchange Commision. The reporting person's sale was made pursuant to a permissible exemption under the lock-up agreement.

F2: This transaction was executed in multiple trades at prices ranging from $111.05 to $111.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.