Form 4: Itron CEO Thomas Deitrich Sells Shares to Cover Tax Obligations

Itron's CEO, Thomas Deitrich, sold 4,435 shares of common stock on February 24, 2025, at a price of $92.8969 per share to cover tax withholding obligations.

Summary

• On February 24, 2025, Thomas Deitrich, the President & CEO of Itron, Inc. (ITRI), sold 4,435 shares of common stock.
• The sale was executed at a price of $92.8969 per share.
• The transaction was conducted to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
• Following the transaction, Deitrich directly owns 267,054 shares of Itron common stock.
• Deitrich also indirectly owns 25,000 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock sale for tax purposes. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations is a common practice.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates