secwatch.observer — SEC 8-K summary
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Issuer:     IDACORP INC (IDA)
CIK:        0001057877
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001193125-25-117226
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDACORP enters forward sale for up to 5.18M shares at $107.67
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- Base forward sale of 4,504,505 shares plus underwriter option for 675,675 shares (total up to 5,180,180 shares).
- Initial forward price $107.67/share; settlement by November 9, 2026 at IDACORP's option via physical, cash, or net share.
- Shares borrowed and sold to underwriters; dilution will occur if IDACORP physically settles.
- Forward price adjusted daily by Overnight Bank Funding Rate minus 0.75% spread and reduced for expected dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1057877/000119312525117226/0001193125-25-117226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1057877/000119312525117226/d943724d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-117226

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