Itron SVP’s automatic sale covers tax withholding
Itron, Inc. senior executive Christopher E. Ware reported an automatic share sale tied to tax withholding.
Rhea-AI Filing Summary
Itron, Inc. senior executive Christopher E. Ware reported an automatic share sale tied to tax withholding. On this Form 4, he disposed of 4,486 shares of common stock at an average price of $99.5385 per share to cover tax obligations from a vesting performance-based restricted stock unit award. After this transaction, he directly held 31,806 Itron shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,486 shares
Net Sell
1 txn
Insider
Ware Christopher E.
Role
SVP, GC & Corp. Secretary
Sold
4,486 shs ($447K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,486 | $99.5385 | $447K |
Holdings After Transaction:
Common Stock — 31,806 shares (Direct)
Footnotes (1)
- F1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a performance-based restricted stock unit award.
FAQ
What insider transaction did Itron (ITRI) report for Christopher E. Ware?
Christopher E. Ware reported an automatic sale of 4,486 Itron shares. The shares were sold at an average price of $99.5385 per share to satisfy tax withholding obligations from a vesting performance-based restricted stock unit award.
Was the Itron (ITRI) insider sale by Christopher E. Ware discretionary?
The sale was not a discretionary trade; it was automatic. Shares were sold specifically to cover tax withholding obligations related to the vesting of a performance-based restricted stock unit award, as disclosed in the Form 4 footnote.
What is the role of Christopher E. Ware at Itron (ITRI) mentioned in the Form 4?
Christopher E. Ware serves as Itron’s Senior Vice President, General Counsel, and Corporate Secretary. The Form 4 shows his automatic sale of shares to cover tax withholding obligations arising from the vesting of a performance-based restricted stock unit award.
AI-generated analysis. How Rhea-AI works. Not financial advice.