Itron (ITRI) SVP Ware disposes 763 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ITRON, INC. executive Christopher E. Ware, SVP, General Counsel and Corporate Secretary, reported an automatic disposition of common stock tied to equity compensation. On this Form 4, 763 shares of common stock were sold at an average price of $100.1664 per share to cover tax withholding obligations from the vesting of a restricted stock unit award. After this withholding-related sale, Ware directly holds 31,043 shares of Itron common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 763 shares ($76,427)
Net Sell
1 txn
Insider
Ware Christopher E.
Role
SVP, GC & Corp. Secretary
Sold
763 shs ($76K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 763 | $100.1664 | $76K |
Holdings After Transaction:
Common Stock — 31,043 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Itron (ITRI) report for Christopher E. Ware?
Itron reported that Christopher E. Ware had 763 shares of common stock automatically sold. The sale covered tax withholding obligations related to the vesting of a restricted stock unit award, rather than being a discretionary open-market sale for investment purposes.
Was Christopher Ware’s Itron (ITRI) stock sale a routine tax withholding transaction?
Yes. A footnote explains the 763 shares were automatically sold to cover tax withholding on a restricted stock unit vesting. Such transactions are typically administrative and linked to equity compensation, not an elective change in the insider’s investment position.
What role does Christopher E. Ware hold at Itron (ITRI)?
Christopher E. Ware serves as Senior Vice President, General Counsel and Corporate Secretary at Itron. His Form 4 filing reflects equity compensation activity and related tax withholding tied to his position as a senior executive at the company.