Form 4: Itron Director Hemmingsen Receives Stock Grant as Part of Board Compensation

Mary C. Hemmingsen, a director at Itron, Inc., acquired 472 shares of common stock on April 1, 2025, as part of her annual compensation for board service.

Summary

• On April 1, 2025, Mary C. Hemmingsen, a director of Itron, Inc. (ITRI), acquired 472 shares of common stock.
• The acquisition was a grant of common stock received as part of her annual compensation for board service.
• Following the transaction, Hemmingsen directly owns 6,102 shares of Itron common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (stock grant to a director), indicating stable corporate governance practices. It's a neutral event with a slightly positive sentiment due to the alignment of director interests with shareholder value.

Industry Context

This type of stock grant is a common practice for compensating board members in publicly traded companies.

Comparison to Industry Standards

• Stock grants for board members are a typical component of compensation packages in publicly traded companies.
• The size of the grant can vary based on company size, board responsibilities, and industry norms.
• Comparing Itron's board compensation structure to companies like Badger Meter (BMI) or Landis+Gyr (LAND.SW) could provide further context.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders.
• This type of compensation is a standard practice and should not have a significant impact on other stakeholders.

Key Dates

Keywords

ITRI, Itron, Director, Stock Grant, Compensation, Hemmingsen, Beneficial Ownership, Form 4