Form 4: Itron Director Timothy M. Leyden Reports Acquisition of Common Stock
SEC Form 4
Director Timothy M. Leyden reports acquisition of 278 shares of Itron, Inc. common stock as part of board compensation.
Summary
- On April 1, 2024, Timothy M. Leyden, a director of Itron, Inc., acquired 278 shares of common stock.
- The acquisition was part of the quarterly compensation for independent members of Itron's board of directors.
- The price per share was $0.
- Following the transaction, Mr. Leyden directly owns 14,378 shares of Itron common stock.
- Mr. Leyden deferred receipt of 139 shares pursuant to Itron's Executive Deferred Compensation Plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. There are no explicit positive or negative implications for the company's performance.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to director compensation and aligns with standard practices for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, primarily providing transparency regarding director compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: acquisition of common stock. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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