Form 4: ITRI: Officer Sells Shares for Tax Withholding

Thomas Deitrich, President & CEO of Itron, Inc. (ITRI), reported a transaction involving the sale of 760 common shares to cover tax withholding obligations.

Summary

• Thomas Deitrich, President & CEO and Director of Itron, Inc., reported a transaction on May 20, 2026.
• The transaction involved the sale of 760 shares of common stock.
• These shares were sold at a price of $79.5976 per share.
• The sale was to cover tax withholding obligations related to the vesting of a restricted stock unit award.
• Following this transaction, Deitrich beneficially owns 369,541 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the transaction is a routine event for covering tax obligations on vested equity awards and does not reflect a change in the executive's investment sentiment towards the company.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, such as the sale of shares by executives to cover tax liabilities upon vesting of equity awards. This type of transaction is common and generally not indicative of a change in the executive's view of the company's long-term prospects.

Key Dates

Keywords

Form 4, SEC Filing, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Itron Inc., ITRI, Executive Compensation