Form 4: Itron Director Timothy Leyden Acquires Shares as Part of Board Compensation

Director Timothy Leyden acquired 184 shares of Itron, Inc. common stock as part of his quarterly board compensation.

Summary

• Timothy Leyden, a director at Itron, Inc., acquired 184 shares of common stock on January 2, 2025.
• The shares were granted as part of his quarterly compensation for board service.
• The acquisition was made at a price of $0 per share.
• Mr. Leyden deferred receipt of 69 of these shares under Itron's Executive Deferred Compensation Plan.
• Following the transaction, Mr. Leyden's total holdings are 15,052 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to board compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The grant of shares as compensation is a common practice for board members.

Industry Context

This type of transaction is typical for board members of publicly traded companies, where equity compensation is a common practice to align their interests with those of shareholders.

Comparison to Industry Standards

• Granting shares as part of board compensation is a standard practice across many publicly traded companies.
• Companies like Oracle, Microsoft, and Apple also use stock grants as part of their board compensation packages.
• The number of shares granted varies based on company size, board member role, and overall compensation strategy.

Stakeholder Impact

• The share acquisition has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

Itron, Director, Share Acquisition, Board Compensation, Common Stock, Executive Deferred Compensation Plan