Tax sale: Itron (ITRI) SVP covers RSU withholding with 560 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ITRON, INC. senior vice president John F. Marcolini reported an automatic sale of 560 shares of common stock to cover tax withholding on a restricted stock unit vesting. The shares were sold at an average price of $94.8147 per share, leaving him with 25,278 shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 560 shares ($53,096)
Net Sell
1 txn
Insider
Marcolini John F.
Role
SVP, Networked Solutions
Sold
560 shs ($53K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 560 | $94.8147 | $53K |
Holdings After Transaction:
Common Stock — 25,278 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Itron (ITRI) report in this Form 4?
The Form 4 reports that senior vice president John F. Marcolini had 560 Itron common shares sold. The transaction was disclosed as an open-market sale used to satisfy tax withholding obligations from a restricted stock unit vesting.
What position does John F. Marcolini hold at Itron (ITRI)?
John F. Marcolini is reported as an officer of Itron with the title "SVP, Networked Solutions." This indicates he serves as senior vice president overseeing the Networked Solutions segment while also being a reporting person for insider transactions.
Was the Itron (ITRI) insider sale a direct or indirect transaction?
The transaction is reported as directly owned stock with ownership type coded as "D." This indicates the shares were held directly in John F. Marcolini’s name, not through an indirect entity such as a trust, partnership, or family account.