Form 4: Itron Director Frank M. Jaehnert Reports Acquisition of Common Stock

Director Frank M. Jaehnert reported the acquisition of 558 shares of Itron, Inc. common stock on April 1, 2024, as part of his board compensation.

Summary

• Frank M. Jaehnert, a director of Itron, Inc., reported acquiring 558 shares of common stock on April 1, 2024.
• The acquisition was a grant of common stock received as part of his annual compensation for board service.
• Mr. Jaehnert deferred receipt of these shares pursuant to Itron's Executive Deferred Compensation Plan.
• Following the transaction, Mr. Jaehnert beneficially owns 20,378 shares of Itron, Inc. common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction related to director compensation, suggesting a neutral sentiment. The director's continued investment in the company is a mildly positive signal.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Management Comments

• Mr. Jaehnert deferred receipt of these shares pursuant to Itron's Executive Deferred Compensation Plan.

Industry Context

This is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Related Party Transactions

• The grant of common stock to Mr. Jaehnert as part of his board compensation is a related party transaction.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a standard part of director compensation.

Key Dates