What is the purpose of the 580-share stock grant to ITRON (ITRI) director Lande?

The 580-share stock grant is part of the quarterly common stock awards that independent ITRON board members receive. According to the footnote, these grants form a component of their annual compensation for board service.

Did Jerome J. Lande pay a price per share for the ITRON (ITRI) stock grant?

No cash price was paid per share for this grant. The Form 4 lists a price of 0.0000 per share, indicating a compensation-related stock award rather than a market transaction involving cash consideration.

ITRON (ITRI) independent director awarded 580-share quarterly stock grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lande Jerome J. reported acquisition or exercise transactions in this Form 4 filing.

ITRON, INC. director Jerome J. Lande received a grant of 580 shares of common stock on April 1, 2026 as part of the quarterly equity compensation paid to independent members of the board for their annual board service. Following this award, he directly holds 10,144 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lande Jerome J.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	580	$0.00	--

Holdings After Transaction: Common Stock — 10,144 shares (Direct)

Footnotes (1)

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Key Figures

Stock grant: 580 shares Post-transaction holdings: 10,144 shares Grant price: $0.0000 per share

3 metrics

Stock grant 580 shares Quarterly common stock grant to independent director on April 1, 2026

Post-transaction holdings 10,144 shares Direct common stock owned by Jerome J. Lande after grant

Grant price $0.0000 per share Reported transaction price for compensation-related stock award

Key Terms

Common Stock, Grant, award, or other acquisition, annual compensation for board service

3 terms

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.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

annual compensation for board service financial

"receive quarterly as part of their annual compensation for board service"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 11:51 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lande Jerome J.

(Last)

(First)

(Middle)

2111 N. MOLTER ROAD

(Street)

LIBERTY LAKE

WASHINGTON

99019

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ITRON, INC. [ ITRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		A		580⁽¹⁾	A	$0	10,144	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects the grant of common stock independent members of Itron's board of directors receive quarterly as part of their annual compensation for board service.

	/s/ Christopher E. Ware, attorney-in-fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did ITRON (ITRI) director Jerome J. Lande report?

Jerome J. Lande reported receiving 580 shares of ITRON common stock. The Form 4 shows this as a grant tied to his role as an independent board member, rather than an open-market purchase or sale transaction.

Was the ITRON (ITRI) Form 4 transaction a stock purchase or sale?

The Form 4 transaction was neither a purchase nor a sale. It was an acquisition coded as a grant or award, reflecting equity compensation granted to an independent director for serving on ITRON’s board.

How many ITRON (ITRI) shares does Jerome J. Lande hold after this grant?

After the 580-share grant, Jerome J. Lande directly holds 10,144 shares of ITRON common stock. This total represents his direct ownership position reported immediately following the compensation-related equity award.