Form 4: Itron SVP Donald Reeves Sells Shares via 10b5-1 Plan

SVP of Outcomes Donald L. Reeves III sold 293 shares of Itron, Inc. common stock under a pre-established Rule 10b5-1 trading plan.

Summary

• Donald L. Reeves III, SVP of Outcomes at Itron, Inc., sold 293 shares of common stock.
• The transaction occurred on May 27, 2026, at a price of $84.50 per share.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2025.
• Following the transaction, the reporting person retains beneficial ownership of 28,807 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was executed under a pre-planned, non-discretionary trading arrangement.

Positives

• The sale was conducted under a pre-planned Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell shares without triggering insider trading concerns.

Negatives

• The transaction represents a reduction in the executive's direct equity stake in the company.

Risks

• None identified; this is a routine disclosure of an executive stock sale.

Future Outlook

No forward-looking guidance or operational outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are common corporate governance practices and generally do not signal a change in management's view of company performance.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives to manage personal liquidity while maintaining compliance with SEC regulations.

Stakeholder Impact

• Minimal impact on shareholders as the sale was small and pre-planned.

Next Steps

• None mentioned.

Key Dates

Keywords

Itron, ITRI, Insider Trading, Form 4, Executive Compensation, Rule 10b5-1