Form 4: Itron SVP, GC & Corp. Secretary Christopher E. Ware Sells Shares to Cover Tax Obligations
SEC Form 4
Christopher E. Ware, SVP, GC & Corp. Secretary of Itron, Inc., sold 416 shares of common stock on May 12, 2025, to cover tax withholding obligations.
Summary
- On May 12, 2025, Christopher E. Ware, the SVP, GC & Corp. Secretary of Itron, Inc., sold 416 shares of the company's common stock.
- The sale was executed at a price of $109.9292 per share.
- This transaction was conducted to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
- Following the transaction, Ware directly owns 19,807 shares of Itron's common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't indicate a significant change in the insider's holdings or outlook.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. Such transactions are common and don't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The sale is unlikely to have a significant impact on stakeholders as it is a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of the stock sale transaction |
| 05/13/2025 | Date of signature on the Form 4 filing |
Keywords
ITRI, Itron, Christopher E. Ware, Form 4, insider trading, stock sale, tax withholding, restricted stock units
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