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Itron (ITRI) director Scott Drury receives 621-share quarterly stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Drury Scott D. reported acquisition or exercise transactions in this Form 4 filing.

ITRON, INC. director Scott D. Drury received a grant of 621 shares of common stock as part of his quarterly board compensation. The award was recorded at a price of $0.00 per share, reflecting that it is a compensation grant rather than a market purchase.

Following this grant, Drury directly holds 2,344 shares of Itron common stock. According to the disclosure, he deferred receipt of these shares under Itron's Executive Deferred Compensation Plan, meaning the shares are credited for his benefit but delivery is postponed.

Positive

  • None.

Negative

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Insider Drury Scott D.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 621 $0.00 --
Holdings After Transaction: Common Stock — 2,344 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 621 shares Quarterly director stock compensation grant
Grant price per share $0.00 per share Equity compensation, not market purchase
Shares owned after grant 2,344 shares Total direct Itron common stock holdings post-transaction
Transaction code A Grant, award, or other acquisition of common stock
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Executive Deferred Compensation Plan financial
"Mr. Drury deferred receipt of these shares pursuant to Itron's Executive Deferred Compensation Plan."
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.
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FAQ

What did Itron (ITRI) director Scott D. Drury report on this Form 4?
Scott D. Drury reported receiving a grant of 621 shares of Itron common stock as part of his quarterly board compensation. The award is a non-cash stock grant and is classified as a grant, award, or other acquisition under SEC transaction code A.

Is Scott D. Drury’s transaction in Itron (ITRI) stock a market purchase or sale?
The filing shows a grant of 621 Itron common shares at $0.00 per share, not an open-market purchase or sale. It is compensation-related, recorded under transaction code A for a grant, award, or other acquisition to a board member.

How many Itron (ITRI) shares does Scott D. Drury hold after this grant?
After the compensation grant, Scott D. Drury directly holds 2,344 shares of Itron common stock. This total reflects his holdings following the addition of 621 shares awarded as part of his quarterly compensation for serving on Itron’s board of directors.

What does the $0.00 price on the Itron (ITRI) Form 4 grant mean?
The $0.00 per-share price indicates the 621 shares were granted as compensation, not bought on the market. Such director awards are typically issued by the company without cash payment, reflecting non-cash equity compensation for board service at Itron.

Did Scott D. Drury defer the Itron (ITRI) stock he was granted?
Yes. The footnote states Drury deferred receipt of the 621 granted shares under Itron’s Executive Deferred Compensation Plan. This means the shares are credited for his benefit, but their actual delivery is postponed according to the plan’s terms.

How often do Itron (ITRI) independent directors receive stock grants like this?
The disclosure notes that independent members of Itron’s board receive common stock grants quarterly as part of their annual compensation. The 621-share grant to Scott D. Drury represents one such routine quarterly equity award for his board service.
SEC Form 4
FORM 4UNITED 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*
Drury Scott D.
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026A621(1)A$02,344D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. Mr. Drury deferred receipt of these shares pursuant to Itron's Executive Deferred Compensation Plan.
/s/ Christopher E. Ware, attorney-in-fact07/02/2026
** Signature of Reporting PersonDate
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