Form 4: Itron SVP & CFO Joan S. Hooper Sells Shares to Cover Tax Obligations

Joan S. Hooper, SVP & CFO of Itron, Inc., sold 9,246 shares of common stock on February 20, 2025, to cover tax withholding obligations related to vesting of a performance-based restricted stock unit award.

Summary

• On February 20, 2025, Joan S. Hooper, the SVP & CFO of Itron, Inc., sold 9,246 shares of Itron's common stock.
• The sale was executed at a price of $97.2802 per share.
• The transaction was conducted to cover tax withholding obligations associated with the vesting of a performance-based restricted stock unit award.
• Following the transaction, Hooper directly owns 94,398 shares of Itron common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily reflect a positive or negative outlook on the company.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.

Stakeholder Impact

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

Key Dates

Keywords

ITRI, Itron, Form 4, Insider Trading, Stock Sale, Joan S. Hooper, SVP & CFO, Tax Withholding, Restricted Stock Units