Form 4: Itron Director Timothy M. Leyden Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Timothy M. Leyden reports acquisition of 254 shares of Itron, Inc. common stock on July 1, 2024, as part of board compensation.
Summary
- On July 1, 2024, Timothy M. Leyden, a director of Itron, Inc., acquired 254 shares of common stock.
- The acquisition was part of the quarterly compensation for board service.
- The price per share was $0.
- Following the transaction, Mr. Leyden directly owns 14,632 shares of Itron, Inc. common stock.
- Mr. Leyden deferred receipt of 127 shares pursuant to Itron's Executive Deferred Compensation Plan.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of director's stock acquisition as part of compensation.
Positives
- The acquisition of shares by a director demonstrates continued alignment with the company's success.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of common stock. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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