Itron executive sells 216 shares to cover taxes
Itron, Inc. senior vice president of Device Solutions Patrick Justin K reported a small share disposition related to equity compensation.
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Rhea-AI Filing Summary
Itron, Inc. senior vice president of Device Solutions Patrick Justin K reported a small share disposition related to equity compensation. On this Form 4, he sold 216 shares of Common Stock at an average price of $84.3667 per share. According to the footnote, these shares were automatically sold to cover tax withholding obligations arising from the vesting of a restricted stock unit award, rather than a discretionary portfolio sale. After this transaction, he directly holds 32,709 shares of Itron common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 216 | $84.3667 | $18K |
Footnotes (1)
- F1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
Key Figures
Key Terms
restricted stock unit financial
tax withholding obligations financial
Common Stock financial
Form 4 regulatory
FAQ
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What did Itron (ITRI) executive Patrick Justin K report in this Form 4?
What role does Patrick Justin K hold at Itron (ITRI) according to the filing?
Is the Itron (ITRI) Form 4 sale by Patrick Justin K considered routine?
AI-generated analysis. How Rhea-AI works. Not financial advice.