Itron SVP automatic sale of 544 shares disclosed
Itron, Inc. senior vice president Donald L. Reeves III reported an automatic sale of 544 shares of common stock.
Rhea-AI Filing Summary
Itron, Inc. senior vice president Donald L. Reeves III reported an automatic sale of 544 shares of common stock. The shares were sold in an open-market transaction at an average price of $94.8147 per share on February 24, 2026, to cover tax withholding obligations tied to the vesting of a restricted stock unit award. After this sale, he directly holds 30,470 shares of Itron common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 544 shares
Net Sell
1 txn
Insider
Reeves Donald L. III
Role
SVP, Outcomes
Sold
544 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 544 | $94.8147 | $52K |
Holdings After Transaction:
Common Stock — 30,470 shares (Direct)
Footnotes (1)
- F1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
FAQ
What insider transaction did Itron (ITRI) report for Donald L. Reeves III?
Itron reported that Donald L. Reeves III sold 544 shares of common stock. The sale was an automatic transaction to cover tax withholding obligations related to a vesting restricted stock unit award, rather than a discretionary open-market sale for investment purposes.
Was the Itron (ITRI) insider sale by Donald L. Reeves III discretionary?
The sale was not discretionary; it was automatic to cover tax withholding obligations. According to the filing footnote, the 544 shares were sold in connection with the vesting of a restricted stock unit award, specifically to satisfy required tax withholding.
What role does Donald L. Reeves III hold at Itron (ITRI) in this Form 4 filing?
Donald L. Reeves III is identified as an officer of Itron with the title “SVP, Outcomes.” This means he is a senior vice president, and the reported Form 4 transaction reflects changes in his directly held Itron common stock related to equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.