Itron SVP sells 212 shares in tax-withholding trade
Rhea-AI Filing Summary
ITRON, INC. (ITRI) reported an insider transaction by Patrick Justin K, SVP, Device Solutions. On 2026-08-20, he disposed of 212 shares of common stock at $97.8259 per share. According to the company’s disclosure, these shares were automatically sold to cover tax withholding obligations tied to the vesting of a restricted stock unit award, leaving him with 32,497 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 212 shares
Net Sell
1 txn
Insider
Patrick Justin K
Role
SVP, Device Solutions
Sold
212 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 212 | $97.8259 | $21K |
Holdings After Transaction:
Common Stock — 32,497 shares (Direct)
Footnotes (1)
- F1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
Key Figures
Shares disposed: 212 shares
Transaction price per share: $97.8259
Shares owned after transaction: 32,497 shares
3 metrics
Shares disposed
212 shares
Common stock automatically sold on 2026-08-20
Transaction price per share
$97.8259
Per-share price for 212 shares disposed on 2026-08-20
Shares owned after transaction
32,497 shares
Directly held by Patrick Justin K after the 2026-08-20 transaction
Key Terms
restricted stock unit, tax withholding obligations, Common Stock
3 terms
restricted stock unit financial
"associated with the vesting of a restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"sold to cover tax withholding obligations associated with the vesting"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did ITRI disclose for Patrick Justin K on August 20, 2026?
ITRON, INC. disclosed that Patrick Justin K disposed of 212 shares of common stock on 2026-08-20 at $97.8259 per share. The company states the shares were automatically sold to cover tax withholding obligations from a restricted stock unit vesting.
Was the August 20, 2026 ITRI insider sale a discretionary trade?
The company states the 212-share disposition on 2026-08-20 was an automatic sale to cover tax withholding obligations related to a restricted stock unit vesting, indicating it was a tax-related, non-discretionary transaction rather than an open-market sale for investment purposes.
What is the role of the insider involved in the ITRI Form 4 filing?
The insider in this ITRON, INC. Form 4 filing is Patrick Justin K, who serves as SVP, Device Solutions. The reported transaction reflects his equity activity in the company’s common stock tied to a restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.