Itron officer plans $7.5K sale of 76 shares
Rhea-AI Filing Summary
ITRON, INC. (ITRI) has a notice filed for a small proposed insider sale under Rule 144 on behalf of David M. Wright. A broker intends to sell 76 shares of common stock, with an aggregate market value of $7,508.04, through Fidelity Brokerage Services LLC on or about August 24, 2026, on NASDAQ. The securities relate to restricted stock vesting on August 21, 2026 as compensation, and the remarks state that part of the sale is to cover a tax obligation from the settlement of a vested equity award. The notice also lists prior sales by Wright over the past three months.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 76 shares
Aggregate market value of proposed sale: $7,508.04
Shares outstanding: 43,786,753 shares
+5 more
8 metrics
Shares to be sold
76 shares
Proposed Rule 144 sale through Fidelity Brokerage Services LLC
Aggregate market value of proposed sale
$7,508.04
Value of 76 ITRI common shares to be sold
Shares outstanding
43,786,753 shares
ITRON, INC. common stock referenced in the notice
Shares sold May 26, 2026
74 shares
Past 3 months sales by David M. Wright
Proceeds May 26, 2026 sale
$6,243.14
Sale of 74 shares of ITRI common stock
Shares sold August 20, 2026
58 shares
Past 3 months sales by David M. Wright
Proceeds August 20, 2026 sale
$5,673.90
Sale of 58 shares of ITRI common stock
Approximate date of proposed sale
08/24/2026
Planned Rule 144 transaction date on NASDAQ
Key Terms
Rule 144, restricted stock, vested equity award distribution
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock financial
"Common | 08/21/2026 | Restricted Stock Vesting | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vested equity award distribution financial
"from the settlement of a vested equity award distribution."
FAQ
What does the Form 144 filing mean for ITRI and David M. Wright?
The Form 144 indicates that 76 ITRI common shares held for David M. Wright may be sold under Rule 144, with an aggregate market value of $7,508.04. The sale is connected to restricted stock vesting and includes shares to cover a related tax obligation.
What prior ITRI stock sales by David M. Wright are disclosed?
Over the past three months, David M. Wright is reported to have sold 74 shares of ITRI common stock on May 26, 2026 for $6,243.14 and 58 shares on August 20, 2026 for $5,673.90.
Why does the Form 144 mention a tax obligation for ITRI stock?
The remarks state that the sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution, meaning part of the 76 shares is being sold to satisfy taxes from restricted stock vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.