Form 4: Itron Executive Wright David Marshall Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
David Marshall Wright, VP, Corp. Controller & CAO of Itron, Inc., sold 215 shares of common stock on February 25, 2025, to cover tax withholding obligations.
Summary
- On February 25, 2025, David Marshall Wright, VP, Corp. Controller & CAO of Itron, Inc., sold 215 shares of common stock.
- The sale was executed at a price of $102.4546 per share.
- The transaction was conducted to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
- Following the transaction, Wright directly owns 7,893 shares of Itron common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider stock sale for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. This provides transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of stock sale transaction. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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