4/A: Itron Director Amends Stock Ownership Filing

Itron Director Timothy M. Leyden filed an amended Form 4 to correct an arithmetic error in his beneficial ownership of common stock.

Summary

• Timothy M. Leyden, a Director at Itron, Inc. (ITRI), filed an amendment to his Statement of Changes in Beneficial Ownership (Form 4/A).
• The amendment corrects an arithmetic error, adding 9 shares that were inadvertently omitted from a previous filing.
• On January 2, 2026, Mr. Leyden acquired 220 shares of common stock as part of his annual compensation for board service.
• Of these 220 shares, Mr. Leyden deferred the receipt of 82 shares through Itron's Executive Deferred Compensation Plan.
• Following the reported transactions and correction, Mr. Leyden beneficially owns 15,773 shares of Itron common stock directly.

Sentiment

Score: 5

Explanation: Neutral. This is a routine amendment to correct a minor error in a director's stock ownership filing. It has no significant positive or negative implications for the company's operations or financial health.

Positives

• Director Leyden received 220 shares of common stock as part of his compensation, indicating continued alignment with shareholder interests.
• The company has a deferred compensation plan available for executives and directors.

Negatives

• An arithmetic error led to an amendment, suggesting a minor administrative oversight in the initial filing.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders: Minor impact. The correction of 9 shares is negligible. The grant of shares aligns director interests with shareholders.

Key Dates

Recommendation

This Form 4/A filing is a routine amendment correcting a minor arithmetic error in a director's beneficial ownership. It reports a standard equity grant as part of director compensation. The information contained does not provide new insights into the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining the current investment stance based on broader company fundamentals.

Keywords

Itron, ITRI, Timothy M. Leyden, Form 4/A, SEC filing, beneficial ownership, common stock, director compensation, insider trading, equity grant