Quarterly stock grant lifts Itron (ITRI) director share holdings

Rhea-AI Filing Summary

Perez Santiago reported acquisition or exercise transactions in this Form 4 filing.

Itron director Santiago Perez received a grant of 621 shares of common stock as part of his quarterly board compensation. The stock was awarded at no cash cost to him and is described as the regular grant independent board members receive. Following this award, his direct holdings increased to 12,519 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Perez Santiago

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	621	$0.00	--

Holdings After Transaction: Common Stock — 12,519 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 621 shares Total holdings after grant: 12,519 shares Grant price per share: $0.0000 per share +2 more

5 metrics

Shares granted 621 shares Quarterly board compensation grant of common stock

Total holdings after grant 12,519 shares Director Santiago Perez direct common stock holdings post-transaction

Grant price per share $0.0000 per share Compensation award, no cash paid by the director

Transaction code A Grant, award, or other acquisition of non-derivative securities

Transaction date 2026-07-01 Date of common stock grant reported on Form 4

Key Terms

Grant, award, or other acquisition, Common Stock, independent members of Itron's board of directors, annual compensation for board service

4 terms

Grant, award, or other acquisition financial

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

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.

independent members of Itron's board of directors financial

"Reflects the grant of common stock independent members of Itron's board of directors receive quarterly"

annual compensation for board service financial

"part of their annual compensation for board service"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 02:11 PM Accepted by SEC EDGAR 07/02/2026 - 02:10 PM Learn about SEC filing dates

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^*

Perez Santiago

(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)
07/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A		621(1)	A	$0	12,519	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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	07/02/2026
	** 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)

FAQ

What insider transaction did Itron (ITRI) director Santiago Perez report?

Director Santiago Perez reported receiving 621 shares of Itron common stock. The shares were granted as part of his quarterly compensation for board service, increasing his direct holdings to 12,519 shares following the transaction.

Was the Itron (ITRI) stock grant to Santiago Perez an open-market purchase?

No, the 621 Itron shares were not an open-market purchase. They were granted at no cash cost as a compensation award for serving on the board, rather than being bought on the market by the director.

How many Itron (ITRI) shares does Santiago Perez hold after this Form 4?

After the reported grant, Santiago Perez directly holds 12,519 Itron common shares. This total includes the newly awarded 621-share quarterly grant he received as part of his compensation for serving on Itron’s board of directors.

What does the transaction code "A" mean in the Itron (ITRI) Form 4?

The transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects a stock award of 621 Itron common shares to director Santiago Perez as part of his regular board compensation.

Is the Itron (ITRI) stock grant to Santiago Perez part of a regular compensation program?

Yes, the filing footnote explains the 621-share grant reflects the quarterly common stock that independent Itron board members receive. It is part of their annual compensation structure for board service rather than a discretionary market transaction.