Form 4: Itron SVP John F. Marcolini Reports Stock Sale to Cover Tax Obligations
SEC Form 4 Filing
John F. Marcolini, SVP at Itron, Inc., sold 230 shares of common stock on August 26, 2024, to cover tax withholding obligations.
Summary
- On August 26, 2024, John F. Marcolini, a Senior Vice President at Itron, Inc. (ITRI), sold 230 shares of the company'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, Marcolini directly owns 15,354 shares of Itron common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used by the SEC to ensure compliance with regulations.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of 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.