Form 4: Itron SVP Sells Shares for Tax Obligations

Itron's SVP of Device Solutions, Patrick Justin K, sold 379 shares of common stock to cover tax withholding obligations from a restricted stock unit award.

Summary

• Patrick Justin K, SVP, Device Solutions at Itron, Inc. (ITRI), sold 379 shares of common stock.
• The transaction occurred on November 24, 2025, at a price of $96.5061 per share.
• The sale was executed to cover tax withholding obligations related to the vesting of a restricted stock unit award.
• Following this transaction, Patrick Justin K beneficially owns 20,382 shares of Itron common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned sale of shares to cover tax obligations, which is a neutral event and does not indicate any significant positive or negative sentiment regarding the company's performance or outlook.

Positives

• The sale was for tax withholding purposes, which is a routine and expected event for executive compensation.
• The transaction was conducted under a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent sale.

Negatives

• No specific negative implications from this routine tax-related sale.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes and does not provide broader industry context or trends.

Comparison to Industry Standards

• This filing reports a standard insider transaction for tax withholding, which is a common practice across all industries for executives receiving equity compensation. It does not contain information comparable to industry-specific performance benchmarks or projects.

Related Party Transactions

• No related party transactions beyond the direct sale by an officer are disclosed.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, small-scale transaction for tax purposes by an executive.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Key Dates

Keywords

Itron, ITRI, Form 4, Insider Trading, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation, Patrick Justin K, SVP Device Solutions