STOCK TITAN

Itron officer plans $994K sale of 10,210 shares

Officer Justin K. Patrick has filed a Rule 144 notice to sell up to 10,210 ITRI shares worth about $994,000, following smaller recent sales.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ITRON, INC. (ITRI) has a notice of proposed sale of common stock filed on behalf of officer Justin K. Patrick under Rule 144. The filing lists 10,210 shares of common stock to be sold through Fidelity Brokerage Services LLC, with an approximate aggregate value of $994,045.60 as of September 3, 2026.

The notice also reports that during the prior three months, Justin K. Patrick sold 212 shares on August 20, 2026 for $20,739.09 and 222 shares on August 24, 2026 for $21,931.38. The shares proposed for sale were acquired through multiple restricted stock vesting compensation grants from the issuer on various dates in 2024 and 2025.

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Shares proposed for sale 10,210 shares Common stock to be sold for the account of Justin K. Patrick
Aggregate market value of proposed sale $994,045.60 Approximate value of 10,210 ITRON common shares as of September 3, 2026
Shares sold on August 20, 2026 212 shares Common stock sold during the past three months
Proceeds from August 20, 2026 sale $20,739.09 Value of 212 ITRON common shares sold
Shares sold on August 24, 2026 222 shares Common stock sold during the past three months
Proceeds from August 24, 2026 sale $21,931.38 Value of 222 ITRON common shares sold
Largest single restricted stock vesting lot 4,830 shares Restricted stock vesting on February 19, 2025 as compensation
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 Vesting financial
"Common | 02/27/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Justin K. Patrick"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing disclose for ITRI?

It discloses that officer Justin K. Patrick has filed a Rule 144 notice to sell 10,210 shares of ITRON, INC. common stock through Fidelity Brokerage Services LLC, with an approximate aggregate value of $994,045.60 as of September 3, 2026.

How many ITRI shares has Justin K. Patrick recently sold?

The filing reports sales of 212 shares of ITRON common stock on August 20, 2026 for $20,739.09 and 222 shares on August 24, 2026 for $21,931.38 during the past three months.

What is the total value of ITRI shares proposed to be sold under this Form 144?

The proposed sale covers 10,210 shares of ITRON common stock with an indicated approximate aggregate market value of $994,045.60 as of September 3, 2026.

What type of securities are involved in this ITRI Form 144?

The notice relates to common stock of ITRON, INC., to be sold through Fidelity Brokerage Services LLC and listed on NASDAQ according to the filing.

How were the ITRI shares in this Form 144 acquired?

The filing lists multiple acquisitions of ITRON common stock as Restricted Stock Vesting from the issuer, treated as compensation, on dates including February 27, 2024; May 23, 2024; August 23, 2024; November 23, 2024; and several dates in 2025.

Who is executing the proposed ITRI share sale under Form 144?

The proposed sale is for the account of officer Justin K. Patrick, with the Form 144 signed by Gary Redman as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Justin K. Patrick.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature