Form 4: ITRON SVP Sells Shares for Tax Obligations

ITRON's SVP of Device Solutions, Patrick Justin K, sold 4,930 shares of common stock to cover tax withholding obligations related to a restricted stock unit award.

Summary

• Patrick Justin K, SVP of Device Solutions at ITRON, INC. (ITRI), reported a transaction involving the company's common stock.
• On February 19, 2026, Mr. K disposed of 4,930 shares of common stock at a price of $99.5385 per share.
• The sale was an automatic transaction to cover tax withholding obligations associated with the vesting of a performance-based restricted stock unit award.
• Following this transaction, Mr. K beneficially owns 34,344 shares of ITRON common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was non-discretionary and solely for tax purposes related to equity compensation vesting, which is a routine occurrence.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider sales for tax withholding purposes are a common and routine occurrence when restricted stock units or other equity awards vest. Such transactions are typically non-discretionary and do not necessarily reflect management's view on the company's future prospects or stock valuation, distinguishing them from open market sales initiated by an insider.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary sale for tax purposes, not indicative of a change in management's confidence or a significant shift in ownership structure.

Key Dates

Keywords

ITRON, ITRI, Form 4, insider transaction, stock sale, tax withholding, restricted stock units, corporate officer