Form 4: Itron Director Santiago Perez Acquires 509 Shares of Common Stock
SEC Form 4
Director Santiago Perez acquired 509 shares of Itron, Inc. common stock on July 1, 2024, as part of their board compensation.
Summary
- On July 1, 2024, Santiago Perez, a director of Itron, Inc., acquired 509 shares of common stock.
- The acquisition was a grant of common stock received as part of the annual compensation for board service.
- The price of the stock at the time of acquisition was $0.
- Following the transaction, Perez directly owns 8,571 shares of Itron, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.
Positives
- The acquisition reflects continued investment and confidence in Itron, Inc. by a member of the board of directors.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors and officers. This allows the public to see if company insiders are buying or selling company stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows a director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Santiago Perez acquired 509 shares of Itron common stock. |
| 07/02/2024 | Date of signature: Christopher E. Ware, attorney-in-fact, signed the Form 4 on behalf of Santiago Perez. |
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