Itron (ITRI) exec’s tax-withholding sale leaves 32,275 shares
Rhea-AI Filing Summary
Itron, Inc. (ITRI) reported that Patrick Justin K, its SVP, Device Solutions, reported a transaction in the company’s common stock. On 2026-08-24, 222 shares of common stock were sold at a price of $98.79 per share. According to the filing, these shares were automatically sold to cover tax withholding obligations arising from the vesting of a restricted stock unit award. Following this sale, the reporting person directly holds 32,275 shares of Itron common stock.
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Insider Trade Summary
Net Seller: 222 shares
Net Sell
1 txn
Insider
Patrick Justin K
Role
SVP, Device Solutions
Sold
222 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 222 | $98.79 | $22K |
Holdings After Transaction:
Common Stock — 32,275 shares (Direct)
Footnotes (1)
- F1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
Key Figures
Shares sold: 222 shares
Sale price per share: $98.79 per share
Shares held after transaction: 32,275 shares
3 metrics
Shares sold
222 shares
Common Stock sold on 2026-08-24
Sale price per share
$98.79 per share
Price for the 222 shares of Common Stock sold
Shares held after transaction
32,275 shares
Direct holdings of Patrick Justin K following the sale
Key Terms
restricted stock unit, tax withholding obligations, Common Stock, Form 4
4 terms
restricted stock unit financial
"associated with the 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"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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 ITRI disclose for Patrick Justin K?
ITRON, INC. disclosed that SVP, Device Solutions Patrick Justin K reported the sale of 222 shares of common stock on 2026-08-24 at $98.79 per share, in a transaction linked to the vesting of a restricted stock unit award.
AI-generated analysis. How Rhea-AI works. Not financial advice.