Itron VP sells 58 shares to cover tax withholding
Rhea-AI Filing Summary
ITRON, INC. (ITRI) reported an insider transaction by David Marshall Wright, VP, Corp. Controller & CAO. On 2026-08-20, he sold 58 shares of common stock at $97.8259 per share. According to the disclosure, these shares were automatically sold to cover tax withholding on a vesting restricted stock unit award, leaving him with 8,747 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 58 shares
Net Sell
1 txn
Insider
Wright David Marshall
Role
VP, Corp. Controller & CAO
Sold
58 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 58 | $97.8259 | $6K |
Holdings After Transaction:
Common Stock — 8,747 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: 58 shares
Sale price per share: $97.8259 per share
Shares owned after transaction: 8,747 shares
3 metrics
Shares sold
58 shares
Common Stock sold on 2026-08-20
Sale price per share
$97.8259 per share
Price for the 58 Common Stock shares sold
Shares owned after transaction
8,747 shares
Total direct Common Stock holdings following the transaction
Key Terms
restricted stock unit award, tax withholding obligations, non-derivative
3 terms
restricted stock unit award financial
"associated with the vesting of a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"sold to cover tax withholding obligations associated with the vesting"
non-derivative financial
"transaction is reported as a sale of non-derivative common stock"
FAQ
Who from ITRI reported an insider transaction in this Form 4?
The reporting person is David Marshall Wright, who serves as VP, Corp. Controller & CAO of ITRON, INC. The filing details his disposition of company common stock and his remaining direct holdings after the transaction.
Was the ITRI Form 4 sale made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not selected (aff_10b5_one is false), indicating the transaction is not affirmed as made pursuant to a Rule 10b5-1 trading plan. The sale is instead described as covering tax withholding on RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.