Form 4: Itron Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Jerome J. Lande, a Director at Itron, Inc., received a grant of 621 shares of common stock as part of his quarterly compensation for board service.
Summary
- Jerome J. Lande, 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.
- Following this grant, Mr. Lande beneficially owns 10,765 shares of Itron's common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation event for a director and does not contain new financial information or strategic updates.
Positives
- Director compensation is being paid in stock, aligning director interests with shareholders.
- The grant of 621 shares indicates continued engagement and compensation for board service.
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, aligning executive and director interests with those of shareholders.
Stakeholder Impact
- Shareholders: The stock grant aligns director compensation with shareholder interests, as directors receive equity in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Transaction Date (Grant of common stock) |
| 07/02/2026 | Date of Report (Signature date) |
Keywords
Itron Inc, ITRI, Form 4, SEC Filing, Director Compensation, Stock Grant, Beneficial Ownership
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