Form 4: Itron SVP Sells Shares to Cover Tax Obligations Following RSU Vesting

Itron's Senior Vice President of Networked Solutions, John F. Marcolini, sold 546 shares of common stock at $114.9451 per share to satisfy tax withholding obligations related to a restricted stock unit award vesting.

Summary

• John F. Marcolini, SVP, Networked Solutions at Itron, Inc. (ITRI), reported a transaction on May 27, 2025.
• He disposed of 546 shares of Itron Common Stock.
• The shares were sold at a price of $114.9451 per share.
• The sale was conducted to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
• Following this transaction, Mr. Marcolini beneficially owns 21,865 shares of Itron Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale to cover tax obligations related to RSU vesting, which is neutral in terms of sentiment regarding the company's performance or management's outlook.

Future Outlook

The document, an SEC Form 4, reports an insider transaction and does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This SEC Form 4 filing details a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

• The sale of shares by an executive to cover tax obligations is a routine event and is unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Itron, ITRI, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Withholding, Executive Compensation, John F. Marcolini