Form 4: ITRON CFO Sells Shares for Tax Obligations

ITRON's SVP & CFO, Joan S. Hooper, sold 948 shares of common stock to cover tax withholding obligations related to a restricted stock unit award.

Summary

• Joan S. Hooper, SVP & CFO of ITRON, INC. (ITRI), reported a transaction on November 24, 2025.
• She disposed of 948 shares of ITRON Common Stock at a price of $96.5061 per share.
• The sale was executed to cover tax withholding obligations associated with the vesting of a restricted stock unit (RSU) award.
• Following this transaction, Joan S. Hooper beneficially owns 87,446 shares of ITRON Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While shares were sold, it was a non-discretionary transaction to cover tax obligations arising from the vesting of restricted stock units, which is a positive event for the executive's compensation.

Positives

• The underlying event for the sale was the vesting of a restricted stock unit award, indicating compensation for the executive.
• The transaction was non-discretionary, executed to cover tax withholding, which is a routine event for executive compensation.

Negatives

• No inherent negatives as the sale was non-discretionary and for tax purposes, not a discretionary sale indicating a lack of confidence.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction is a routine event related to executive compensation and tax obligations, and it does not provide specific insights into broader industry trends or competitive dynamics.

Comparison to Industry Standards

• This Form 4 reports a standard tax-related sale of shares following the vesting of restricted stock units, a common practice for executive compensation across various industries. There are no specific comparable companies, projects, or results mentioned in this filing to assess against global benchmarks.

Related Party Transactions

• No related party dealings are disclosed beyond the executive's compensation-related stock transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary sale for tax purposes and does not signal a change in management's confidence or company fundamentals.
• Employees: No direct impact on employees.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Keywords

ITRON, ITRI, Form 4, Insider Trading, Stock Sale, CFO, Executive Compensation, Restricted Stock Units, Tax Withholding, Rule 10b5-1