Form 4: Itron Executive Christopher E. Ware Reports Stock Sale to Cover Tax Obligations

Christopher E. Ware, VP, General Counsel & Corp Sec of Itron, Inc., reports selling 168 shares of common stock on February 26, 2024, to cover tax withholding obligations.

Summary

• On February 26, 2024, Christopher E. Ware, VP, General Counsel & Corp Sec of Itron, Inc., sold 168 shares of Itron's common stock.
• The sale was executed at a price of $87.0976 per share.
• This transaction was conducted to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
• Following the transaction, Ware directly owns 15,977 shares of Itron's common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction (selling shares to cover taxes) and doesn't indicate any particular positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates