Form 4: Itron SVP John F. Marcolini Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
John F. Marcolini, SVP of Networked Solutions at Itron, Inc., sold 642 shares of common stock on February 25, 2025, to cover tax withholding obligations.
Summary
- On February 25, 2025, John F. Marcolini, SVP of Networked Solutions at Itron, Inc., sold 642 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, Marcolini directly owns 22,411 shares of Itron common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: Sale of 642 shares of common stock. |
| 02/26/2025 | Date of signature for the Form 4 filing. |
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