Form 4: ITRON CFO Sells Shares for Tax Obligations

ITRON's SVP & CFO, Joan S. Hooper, sold 15,293 shares of common stock to cover tax withholding obligations related to a restricted stock unit award.

Summary

• Joan S. Hooper, Senior Vice President and Chief Financial Officer of ITRON, INC. (ITRI), reported a transaction on February 19, 2026.
• The transaction involved the sale of 15,293 shares of ITRON Common Stock at a price of $99.5385 per share.
• This sale was non-discretionary and executed to cover tax withholding obligations associated with the vesting of a performance-based restricted stock unit award.
• Following this transaction, Joan S. Hooper beneficially owns 124,196 shares of ITRON Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine, non-discretionary sale for tax purposes, which does not indicate a change in management's confidence or the company's operational outlook.

Positives

• The underlying event, the vesting of a performance-based restricted stock unit award, indicates that performance targets were met, which is a positive for the executive and potentially reflects well on company performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that sales of shares to cover tax withholding obligations upon the vesting of restricted stock units are a common and routine occurrence for executives receiving equity compensation. These transactions are typically non-discretionary and do not necessarily reflect an insider's sentiment about the company's future prospects, unlike open market discretionary sales.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in insider sentiment.

Key Dates

Keywords

ITRON, ITRI, Form 4, Insider Transaction, Stock Sale, CFO, Restricted Stock Units, Tax Withholding, Equity Compensation