Form 4: Itron Director Santiago Perez Acquires 460 Shares of Common Stock
SEC Form 4 Filing
Director Santiago Perez acquired 460 shares of Itron, Inc. common stock as part of their quarterly board compensation.
Summary
- Santiago Perez, a director at Itron, Inc., acquired 460 shares of common stock on January 2, 2025.
- The shares were granted as part of the quarterly compensation for board service.
- Following the transaction, Perez directly owns 9,506 shares of Itron common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There is no indication of any negative sentiment.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
- The grant of shares is part of the standard compensation for board service.
Industry Context
This is a routine transaction related to director compensation and is common practice for publicly traded companies.
Comparison to Industry Standards
- The practice of granting stock as part of director compensation is a common practice among publicly traded companies.
- Many companies use a combination of cash and stock to compensate board members, aligning their interests with shareholders.
- The amount of stock granted is typically determined by the company's compensation policy and the director's role.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the stock acquisition by Santiago Perez. |
| 01/03/2025 | Date of the signature on the Form 4 filing. |
Keywords
Itron, Director, Stock Acquisition, Common Stock, Board Compensation, Insider Trading, Form 4
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