Form 4: Itron SVP, Device Solutions, Justin K Patrick, Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Justin K Patrick, SVP of Device Solutions at Itron, Inc., sold 321 shares of common stock on February 25, 2025, to cover tax withholding obligations.
Summary
- On February 25, 2025, Justin K Patrick, SVP of Device Solutions at Itron, Inc., sold 321 shares of common stock.
- The sale was executed at a price of $102.4546 per share.
- The transaction was conducted to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
- Following the transaction, Patrick directly owns 30,560 shares of Itron common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations, not indicative of a change in the executive's confidence in the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This filing indicates a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of stock sale transaction. |
| 02/26/2025 | Date of signature by attorney-in-fact. |
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