Form 4: Itron Director Mary C. Hemmingsen Acquires 460 Shares of Common Stock

Director Mary C. Hemmingsen acquired 460 shares of Itron common stock as part of her board compensation.

Summary

• Mary C. Hemmingsen, a director at Itron, Inc., acquired 460 shares of common stock on January 2, 2025.
• The shares were granted as part of her quarterly compensation for board service.
• The transaction was a direct acquisition of shares, not a derivative transaction.
• Following the transaction, Ms. Hemmingsen beneficially owns 6,380 shares of Itron common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of a director receiving stock as part of their compensation, which is generally viewed positively as it aligns interests with shareholders. There is no indication of any negative sentiment.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The grant of shares as compensation is a common practice for board members.

Industry Context

This is a standard transaction for board members receiving equity as part of their compensation, which is common practice in publicly traded companies.

Comparison to Industry Standards

• The practice of granting stock to board members as part of their compensation is a common practice across publicly traded companies.
• Companies like Honeywell, General Electric, and Siemens also use stock grants as part of their board compensation packages.
• The number of shares granted is typical for a director's quarterly compensation, and the value is dependent on the company's stock price.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Itron, Director, Stock Acquisition, Board Compensation, Common Stock, Form 4, Insider Trading