STOCK TITAN

Justin K. Patrick sells ITRI stock (NASDAQ: ITRI) — 216 shares via vesting

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

Rhea-AI Filing Summary

Justin K. Patrick filed a Form 144 proposing the sale of common stock. The notice lists 216 shares tied to restricted stock vesting with an effective date of 05/22/2026. The filing also reports 206 shares of common stock sold on 05/20/2026.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notice linked to vested restricted stock and recent sale.

The filing records a proposed sale of 216 shares resulting from restricted stock vesting dated 05/22/2026. It separately lists 206 shares sold on 05/20/2026.

These entries are procedural: the notice signals an intent to sell under Rule 144 mechanics. Subsequent Form 4 or broker records will show execution details.

Transaction appears compensation‑related rather than open‑market trading.

The source ties the 05/22/2026 amount to restricted stock vesting, indicating the shares arose from compensation. The 05/20/2026 line reports recent sales of 206 shares.

Cash‑flow treatment and whether sales were executed are not provided; further filings may clarify proceeds or broker execution details.

Proposed sale 216 shares restricted stock vesting, 05/22/2026
Recent sale reported 206 shares sale dated 05/20/2026
Broker listed Fidelity Brokerage Services LLC broker on the Form 144 cover information
Form 144 regulatory
"filed a Form 144 proposing the sale of common stock"
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
"listed as the disposition reason for the 216 shares"
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.
Issuer regulatory
"disposition method shown as Issuer in the securities to be sold section"

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 did Justin K. Patrick report in his Form 144 for ITRI?

He reported a proposed sale of 216 shares tied to restricted stock vesting with an effective date of 05/22/2026, and a prior sale of 206 shares on 05/20/2026.

Does the Form 144 confirm the sale of the 216 shares for ITRI?

The Form 144 indicates a proposed sale of 216 shares on 05/22/2026 tied to vesting; it does not itself confirm whether the sale was executed or the proceeds received.

Why does the filing mention "Restricted Stock Vesting" for ITRI?

The filing links the 216 shares to restricted stock vesting, indicating the shares originated from compensation rather than a purchase, per the filing's stated disposition reason.

Who is the broker or intermediary listed on the Form 144?

The filing lists Fidelity Brokerage Services LLC at the address shown, which appears as the brokerage on the notice for the proposed transactions.