Form 4: Itron Director Timothy M. Leyden Reports Acquisition of Common Stock

Director Timothy M. Leyden reports acquisition of 236 shares of Itron, Inc. common stock as part of board compensation.

Summary

• On October 1, 2024, Timothy M. Leyden, a director of Itron, Inc., acquired 236 shares of common stock.
• The acquisition was a grant of common stock received quarterly as part of annual compensation for board service.
• The price per share was $0.
• Following the transaction, Mr. Leyden beneficially owns 14,868 shares of Itron, Inc. common stock.
• Mr. Leyden deferred receipt of 118 shares pursuant to Itron's Executive Deferred Compensation Plan.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating a standard compensation practice. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

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

Industry Context

Reporting of beneficial ownership changes by company insiders is a standard regulatory requirement to ensure transparency and prevent insider trading.

Comparison to Industry Standards

• Director compensation packages often include stock grants to align their interests with those of shareholders.
• The amount of stock granted is typical for board members of publicly traded companies of similar size to Itron.

Stakeholder Impact

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

Key Dates