Itron (ITRI) director amends Form 4 to add omitted 26-share grant
Rhea-AI Filing Summary
Itron, Inc. reported an updated insider stock holding for one of its directors. On 01/02/2026, the director received a grant of 555 shares of common stock at a price of $0, representing the quarterly stock compensation that independent board members earn as part of their annual board service. Following this grant, the director beneficially owned 1,186 shares directly. The filing is an amendment to a prior Form 4 and clarifies that 26 shares had been inadvertently omitted earlier due to an arithmetic error.
Positive
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Negative
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FAQ
What insider transaction did Itron (ITRI) disclose in this Form 4/A?
Itron disclosed that one of its directors received a grant of 555 shares of common stock on 01/02/2026 as part of regular board compensation.
Why is this Itron (ITRI) filing labeled as an amendment (Form 4/A)?
The filing is an amendment because it corrects the prior report to include 26 additional shares that were inadvertently omitted due to an arithmetic error.
How many Itron (ITRI) shares does the director own after this transaction?
After the reported grant, the director beneficially owned 1,186 shares of Itron common stock in direct ownership.
What was the price of the Itron (ITRI) shares granted to the director?
The 555 shares of common stock granted to the director were reported at a price of $0, reflecting a stock award as compensation rather than a purchase.
How often do Itron (ITRI) independent directors receive stock grants?
The explanation notes that the reported grant reflects stock that independent members of Itron's board of directors receive quarterly as part of their annual compensation for board service.
Is the Itron (ITRI) director’s ownership in this filing direct or indirect?
The filing shows that the 1,186 shares beneficially owned after the transaction are held in direct ownership by the reporting person.