STOCK TITAN

ITRI (NASDAQ: ITRI) files Form 144 citing restricted stock vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ITRI submitted a Form 144 notice reporting planned sales of Common Stock related to restricted stock vesting. The filing lists a proposed sale through Fidelity Brokerage Services with a transaction date of 05/19/2026. It also discloses prior sales by Justin K. Patrick on 02/20/2026 (828 shares, $82,937.78) and 02/24/2026 (385 shares, $36,503.66).

Positive

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Negative

  • None.

Insights

Form 144 notifies the market of an intended resale under Rule 144 linked to vested restricted stock.

Form 144 is a notice of intent to sell restricted or control securities; this filing identifies Common stock tied to a restricted stock vesting dated 05/19/2026 and names Fidelity Brokerage Services as the broker.

Prior dispositions by Justin K. Patrick are listed with exact amounts and dates. The filing itself does not state settlement details or confirm completed future sales; subsequent transaction disclosures or broker confirmations would show execution.

Planned transaction date 05/19/2026 Restricted stock vesting / securities to be sold
Prior sale — 02/20/2026 828 shares Sale by Justin K. Patrick on 02/20/2026 with proceeds listed as $82,937.78
Prior sale — 02/24/2026 385 shares Sale by Justin K. Patrick on 02/24/2026 with proceeds listed as $36,503.66
Form 144 regulatory
"Form 144 notice reporting planned sales under Rule 144"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Restricted Stock Vesting dated 05/19/2026 referenced as the basis for the securities to be sold"
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.
Fidelity Brokerage Services LLC market
"Broker identified for the planned sale at 900 Salem Street Smithfield RI 02917"

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

FAQ

What does ITRI's Form 144 disclose about planned sales?

The filing discloses planned sales of Common Stock tied to restricted stock vesting on 05/19/2026. It names Fidelity Brokerage Services as the broker and lists prior shares sold by Justin K. Patrick on 02/20/2026 and 02/24/2026.

How many shares did Justin K. Patrick report selling earlier in 2026?

The filing lists two past sales: 828 shares on 02/20/2026 and 385 shares on 02/24/2026. Each sale includes corresponding dollar amounts in the filing.

Who is the broker named in the Form 144 for ITRI?

The broker identified is Fidelity Brokerage Services LLC at an address in Smithfield, RI. The filing pairs the broker with the planned transaction date of 05/19/2026.

Does this Form 144 confirm that the planned sales were completed?

No; Form 144 indicates an intention to sell under Rule 144 related to vesting on 05/19/2026. Completion or settlement is not confirmed in this notice; execution would appear in subsequent transaction records.