Form 4: Itron Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Santiago Perez, a Director at Itron, Inc., received a grant of 621 shares of common stock as part of his quarterly compensation for board service.
Summary
- Santiago Perez, a Director of Itron, Inc., was granted 621 shares of common stock on July 1, 2026.
- This transaction is part of the quarterly compensation provided to independent board members for their service.
- The shares were acquired at no cost, indicated by a price of $0.
- Following this transaction, Mr. Perez beneficially owns 12,519 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation event for a director rather than a significant strategic or financial development.
Positives
- Director compensation is being paid in stock, aligning director interests with shareholders.
- The grant is part of a regular, established compensation program for independent directors.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that the issuance of stock as compensation for board members is a common practice across the technology and utility sectors, aiming to align executive and director interests with those of shareholders.
Stakeholder Impact
- Shareholders: The grant of stock to directors aligns their interests with shareholders, as their compensation is tied to the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Transaction Date (Grant of common stock) |
| 07/02/2026 | Signature Date |
Keywords
Itron Inc, ITRI, Form 4, Director Compensation, Stock Grant, Beneficial Ownership, Santiago Perez
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