ITRI.NASDAQItron, INC

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

Sentiment:

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

DateDescription
07/01/2024Date of transaction: Acquisition of common stock.
07/02/2024Date of signature for the Form 4 filing.

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