Form 4: Itron SVP, Networked Solutions, John F. Marcolini, Reports Sale of Common Stock

John F. Marcolini, SVP, Networked Solutions at Itron, Inc., reported the sale of 1,553 shares of common stock on February 24, 2025, to cover tax obligations related to vesting of a restricted stock unit award.

Summary

• On February 24, 2025, John F. Marcolini, SVP, Networked Solutions at Itron, Inc., sold 1,553 shares of common stock.
• The sale was executed at a price of $92.8969 per share.
• The transaction was to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
• Following the transaction, Marcolini directly owns 23,053 shares of Itron common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily reflect a positive or negative outlook on the company.

Industry Context

This is a routine Form 4 filing, indicating an insider transaction. Such filings are common and provide transparency into the trading activities of company executives. The sale appears to be related to tax obligations, which is a typical reason for such transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates