Itron (ITRI) board member Scott D. Drury gets 580-share award

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 580 shares of Common Stock as part of his quarterly board compensation. The shares were awarded at no cash cost per share and are tied to his service as an independent board member. Following this grant, his direct holdings increased to 1,723 shares of Itron common stock. According to the disclosure, Drury deferred receipt of these shares under Itron's Executive Deferred Compensation Plan, so the award will be delivered on a deferred basis rather than immediately.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Drury Scott D.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	580	$0.00	--

Holdings After Transaction: Common Stock — 1,723 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Stock grant: 580 shares Grant price: $0.0000 per share Shares after transaction: 1,723 shares +1 more

4 metrics

Stock grant 580 shares Common Stock award on 2026-04-01

Grant price $0.0000 per share Non-cash board compensation grant

Shares after transaction 1,723 shares Direct holdings following grant

Acquire transactions 1 transaction Non-derivative grant/award acquisition

Key Terms

Grant, award, or other acquisition, non-derivative, Executive Deferred Compensation Plan, independent members of Itron's board of directors

4 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

non-derivative financial

"transaction_type: non-derivative"

Executive Deferred Compensation Plan financial

"Mr. Drury deferred receipt of these shares pursuant to Itron's Executive Deferred Compensation Plan"

independent members of Itron's board of directors financial

"Reflects the grant of common stock independent members of Itron's board of directors receive quarterly"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		580(1)	A	$0	1,723	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-fact	04/02/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did Itron (ITRI) director Scott D. Drury report?

Scott D. Drury reported receiving 580 shares of Itron Common Stock as a stock grant. The award represents part of the quarterly compensation that independent board members receive for serving on Itron’s board of directors, rather than an open-market purchase or sale.

How many Itron (ITRI) shares does Scott D. Drury hold after this grant?

After the 580-share grant, Scott D. Drury holds 1,723 Itron Common Stock shares directly. This figure reflects his updated direct ownership position reported in the filing, incorporating the newly awarded board compensation shares.

Was cash paid for the 580 Itron (ITRI) shares granted to Scott D. Drury?

No cash was paid for the 580 shares granted to Scott D. Drury; the transaction price per share was reported as 0.0000. The shares were issued as part of his non-cash quarterly compensation for independent board service at Itron.

How often do Itron (ITRI) independent directors receive stock grants like this?

The filing states that independent members of Itron’s board receive common stock quarterly as part of their annual compensation. The 580-share grant to Scott D. Drury reflects one such quarterly stock component linked to his ongoing board service.

What does it mean that Scott D. Drury deferred his Itron (ITRI) share grant?

Deferring the grant means Drury chose to postpone actual receipt of the 580 shares under Itron’s Executive Deferred Compensation Plan. The shares are credited for compensation purposes but will be delivered at a later time according to the plan’s terms.