Itron (ITRI) SVP’s 277-share tax sale leaves 29,674 shares held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Itron, Inc. senior vice president Donald L. Reeves III reported a small share disposition tied to equity compensation. On this Form 4, 277 shares of common stock were automatically sold to cover tax withholding obligations when a restricted stock unit award vested, according to the footnote.
These tax-related shares were priced at about $79.60 each. After this routine withholding transaction, Reeves directly holds 29,674 shares of Itron common stock, indicating he retains a substantial equity stake despite the small reduction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 277 shares ($22,049)
Net Sell
1 txn
Insider
Reeves Donald L. III
Role
SVP, Outcomes
Sold
277 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 277 | $79.5976 | $22K |
Holdings After Transaction:
Common Stock — 29,674 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold for tax withholding: 277 shares
Sale price per share: $79.5976 per share
Shares held after transaction: 29,674 shares
+1 more
4 metrics
Shares sold for tax withholding
277 shares
Automatic sale to cover tax obligations on RSU vesting
Sale price per share
$79.5976 per share
Price for 277 shares sold on 2026-05-20
Shares held after transaction
29,674 shares
Direct Itron common stock ownership after tax-related sale
Net shares sold
277 shares
Net sell direction according to transaction summary
Key Terms
restricted stock unit, tax withholding obligations, open-market sale, Form 4
4 terms
restricted stock unit financial
"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
"sold to cover tax withholding obligations associated with the vesting"
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.
Form 4 regulatory
"On this Form 4, 277 shares of common stock were automatically sold"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Itron (ITRI) report for Donald L. Reeves III?
Itron reported that SVP Donald L. Reeves III had 277 shares automatically sold. The filing states this sale covered tax withholding obligations from a vesting restricted stock unit award, rather than a discretionary open-market sale.