Form 4: Itron Director Mary C. Hemmingsen Reports Acquisition of Common Stock

Director Mary C. Hemmingsen reports acquiring 558 shares of Itron common stock on April 1, 2024, as part of board compensation.

Summary

• On April 1, 2024, Mary C. Hemmingsen, a director of Itron, Inc., acquired 558 shares of common stock.
• The acquisition was a grant of common stock received as part of the quarterly compensation for board service.
• Following the transaction, Hemmingsen directly owns 4,936 shares of Itron common stock.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing detailing a stock grant to a director. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

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

Future Outlook

There are no forward-looking statements in this document.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Comparison to Industry Standards

• Director compensation in the form of stock grants is a common practice among publicly traded companies to align the interests of directors with those of shareholders.
• The amount of stock granted is typical for director compensation at companies of Itron's size and industry.

Stakeholder Impact

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

Key Dates