ITRI.NASDAQItron, INC

Form 4: Itron Director Jerome J. Lande Acquires 509 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Director Jerome J. Lande acquired 509 shares of Itron, Inc. common stock on July 1, 2024, as part of board compensation.

Summary

  • On July 1, 2024, Jerome J. Lande, a director of Itron, Inc., acquired 509 shares of common stock.
  • The acquisition was a grant of common stock received as part of the annual compensation for board service.
  • The price per share was $0.
  • Following the transaction, Lande directly owns 6,817 shares of Itron, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

  • The acquisition reflects continued director ownership in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be indicative of their confidence in the company's prospects.

Stakeholder Impact

  • The transaction increases the director's stake in the company, aligning their interests with those of other shareholders.

Key Dates

DateDescription
07/01/2024Date of transaction: Jerome J. Lande acquired 509 shares of Itron, Inc. common stock.
07/02/2024Date of signature: Christopher E. Ware, attorney-in-fact, signed the Form 4 on behalf of Jerome J. Lande.

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