Itron (ITRI) CFO sells 442 shares to cover RSU tax withholding
Rhea-AI Filing Summary
Itron, Inc. senior vice president and CFO Joan S. Hooper reported an open-market sale of 442 shares of common stock on May 26, 2026 at an average price of $84.3667 per share. According to the filing, these shares were automatically sold to cover tax withholding obligations tied to the vesting of a restricted stock unit award.
After this tax-related sale, Hooper directly holds 117,478 shares of Itron common stock.
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Insider Trade Summary
Net Seller: 442 shares
Net Sell
1 txn
Insider
Hooper Joan S
Role
SVP & CFO
Sold
442 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 442 | $84.3667 | $37K |
Holdings After Transaction:
Common Stock — 117,478 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 sold: 442 shares
Sale price per share: $84.3667 per share
Shares held after transaction: 117,478 shares
3 metrics
Shares sold
442 shares
Open-market sale on May 26, 2026
Sale price per share
$84.3667 per share
Average sale price for 442 shares
Shares held after transaction
117,478 shares
Direct ownership after May 26, 2026 sale
Key Terms
restricted stock unit, tax withholding obligations, open-market sale
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
"shares automatically sold to cover tax withholding obligations"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Itron (ITRI) report for CFO Joan S. Hooper?
Itron reported that CFO Joan S. Hooper sold 442 shares of common stock. The shares were automatically sold to cover tax withholding obligations related to a restricted stock unit vesting event on May 26, 2026.
What type of security was involved in the Itron (ITRI) CFO’s Form 4 filing?
The Form 4 filing involves Itron common stock linked to a restricted stock unit award. Shares were sold to cover tax withholding when the restricted stock units vested, and the transaction was reported as an open-market sale.