Form 4: Itron SVP & CFO Joan S. Hooper Reports Acquisition of Shares

Joan S. Hooper, SVP & CFO of Itron, Inc., reports acquiring shares of common stock through performance-based restricted stock unit awards.

Summary

• On February 19, 2025, Joan S. Hooper, SVP & CFO of Itron, Inc., acquired 21,592 shares of common stock related to a performance-based restricted stock unit award for the 2022-2024 performance period.
• Additionally, Ms. Hooper acquired 10,219 shares of common stock, one-third of which vests on the first-year anniversary of the grant date, with the remaining two-thirds vesting in equal quarterly installments over 24 months thereafter.
• Following these transactions, Ms. Hooper beneficially owns 103,644 shares of Itron, Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects routine executive compensation and alignment of interests, which is generally viewed favorably.

Positives

• The acquisition of shares by a high-ranking officer can be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The vesting schedule of the acquired shares suggests a continued commitment by the executive to the company's long-term performance.

Industry Context

Executive stock ownership is a common practice in publicly traded companies to align management's interests with those of shareholders. This filing reflects that practice at Itron.

Stakeholder Impact

• The increased ownership by a key executive could positively influence shareholder confidence.

Key Dates

Keywords

ITRI, Itron, Joan S. Hooper, SVP & CFO, Form 4, Beneficial Ownership, Stock Acquisition, Restricted Stock Units