Form 4: Itron's VP, General Counsel & Corp Sec Christopher E. Ware Reports Stock Sales

Christopher E. Ware, VP, General Counsel & Corp Sec of Itron, Inc., reported selling shares of common stock on February 27 and 28, 2024, to cover tax withholding obligations.

Summary

• Christopher E. Ware, a VP, General Counsel & Corp Sec at Itron, Inc. (ITRI), filed a Form 4 with the SEC.
• The form details the sale of Itron common stock on February 27 and 28, 2024.
• On February 27, 2024, 159 shares were sold at a price of $92.1954 per share.
• On February 28, 2024, 136 shares were sold at a price of $91.0223 per share.
• These sales were executed to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
• Following these transactions, Ware directly owns 15,682 shares of Itron common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine stock sales for tax purposes. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sales by a company insider could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transactions.

Key Dates