Form 4: Itron SVP & CFO Joan S. Hooper Sells Shares to Cover Tax Obligations
SEC Form 4
Joan S. Hooper, SVP & CFO of Itron, Inc., sold 509 shares of common stock on August 26, 2024, to cover tax withholding obligations related to the vesting of a restricted stock unit award.
Summary
- On August 26, 2024, Joan S. Hooper, the SVP & CFO of Itron, Inc., sold 509 shares of Itron's common stock.
- The sale was executed at a price of $102.1499 per share.
- The transaction was conducted to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
- Following the transaction, Hooper directly owns 72,338 shares of Itron common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, which is a common practice among corporate executives.
Industry Context
Form 4 filings are a routine part of the US stock market, 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.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of the stock sale transaction. |
| 08/28/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.