Form 4: ITRON SVP Sells Shares for Tax Obligations
Insider Transaction Report
ITRON's SVP, GC & Corp. Secretary, Christopher E. Ware, sold 351 shares of common stock to cover tax withholding obligations related to a restricted stock unit award.
Summary
- Christopher E. Ware, SVP, GC & Corp. Secretary of ITRON, INC. (ITRI), reported a transaction on August 25, 2025.
- The transaction involved the disposition of 351 shares of ITRON Common Stock.
- The shares were sold at a price of $125.3071 per share.
- This sale was an automatic transaction to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
- Following this transaction, Mr. Ware directly beneficially owns 19,117 shares of ITRON Common Stock.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary sale to cover tax obligations related to a restricted stock unit award, which is a neutral event and does not reflect management's sentiment towards the company's future performance.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
This routine insider transaction for tax purposes does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's investment thesis or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 08/25/2025 | Date of transaction (sale of shares to cover tax withholding). |
| 08/26/2025 | Date the Form 4 was signed and filed. |
Keywords
ITRON, ITRI, Christopher Ware, insider transaction, Form 4, stock sale, tax withholding, restricted stock units, executive compensation
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