Form 4: Itron SVP & CFO Joan S. Hooper Reports Sale of Common Stock to Cover Tax Obligations
SEC Form 4 Filing
Joan S. Hooper, SVP & CFO of Itron, Inc., reported the sale of 1,774 shares of common stock on February 25, 2025, to cover tax withholding obligations.
Summary
- On February 25, 2025, Joan S. Hooper, the SVP & CFO of Itron, Inc., sold 1,774 shares of the company's common stock.
- The sale was executed at a price of $102.4546 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
- Following the transaction, Hooper directly owns 90,302 shares of Itron, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction to cover tax obligations.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock; this provides transparency to the market.
Stakeholder Impact
- The sale of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of the transaction (sale of common stock) |
| 02/26/2025 | Date of signature for the report |
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