[144] Itron Inc SEC Filing
Summary of Form 144 for Itron, Inc. (ITRI)
This notice reports a proposed sale of 351 shares of ITRI common stock by an insider through Fidelity Brokerage Services on 08/25/2025 with an aggregate market value of $43,982.79. The shares were acquired via restricted stock vesting on 08/22/2025 and were issued as compensation. The filing shows 45,717,933 shares outstanding for the class. The filer sold 339 shares on 05/27/2025 for $38,966.39. The notice includes the standard insider representation that no undisclosed material adverse information is known.
- Clear compliance with Rule 144 disclosure requirements including acquisition date, nature of acquisition, broker, and planned sale date
- Insider transaction tied to restricted stock vesting, indicating the sale is compensation-related rather than an unexplained disposal
- None.
Insights
TL;DR: Small insider sale tied to recent restricted stock vesting; immaterial to company market capitalization.
The planned sale of 351 shares, valued at about $44k, is a routine disposition following restricted stock vesting and appears driven by compensation liquidity rather than a material change in company prospects. Given the issuer's reported 45.7 million shares outstanding, this transaction represents a negligible percentage of float. Prior sale of 339 shares in May reinforces the pattern of selling modest vested holdings. There are no financial statement metrics or operational disclosures in this filing to suggest broader company impact.
TL;DR: Filing complies with Rule 144 disclosure; transaction is routine and presents no immediate governance red flags.
The Form 144 documents required Rule 144 information: acquisition date (08/22/2025), nature of acquisition (restricted stock vesting), planned sale date, and broker details. The insider attestation about absence of undisclosed material information is included. The small size of the sales and their link to compensation-driven vesting reduce governance concerns such as opportunistic large-scale insider liquidation. No lapses in disclosure are evident from the form itself.