Form 4: Itron Director Jerome J. Lande Acquires 460 Shares of Common Stock
SEC Form 4 Filing
Director Jerome J. Lande acquired 460 shares of Itron, Inc. common stock as part of his board compensation.
Summary
- Jerome J. Lande, a director at Itron, Inc., acquired 460 shares of common stock on January 2, 2025.
- The shares were granted as part of his quarterly compensation for board service.
- Following the transaction, Mr. Lande beneficially owns 7,752 shares of Itron common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.
Positives
- The acquisition of shares by a director demonstrates alignment of interests with shareholders.
- The grant of shares is part of the director's compensation, indicating a commitment to the company's long-term success.
Industry Context
This is a routine filing related to director compensation and is common practice for publicly traded companies.
Comparison to Industry Standards
- The practice of granting stock to board members as part of their compensation is a common practice among publicly traded companies.
- Many companies use a mix of cash and equity to align the interests of directors with those of shareholders.
- The amount of stock granted is typical for a director's compensation package.
Stakeholder Impact
- The stock acquisition by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the stock acquisition by Jerome J. Lande. |
| 01/03/2025 | Date of signature of the Form 4 filing. |
Keywords
Itron, Director, Stock Acquisition, Board Compensation, Common Stock, Form 4, Insider Trading
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