Itron (ITRI) director Sheri Savage awarded 621-share quarterly stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Itron, Inc. director Sheri Savage reported receiving a grant of common stock as part of her board compensation. On July 1, 2026, she acquired 621 shares of Common Stock at a stated price of $0.00 per share under a grant, award, or other acquisition. Following this transaction, she directly holds 2,387 common shares. A footnote explains that independent members of Itron’s board receive these common stock grants quarterly as part of their annual compensation for board service, indicating this is a routine, compensation-related equity award rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Savage Sheri
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 621 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,387 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 621 shares
Grant price per share: $0.00 per share
Shares held after transaction: 2,387 shares
+2 more
5 metrics
Shares granted
621 shares
Common Stock grant on July 1, 2026
Grant price per share
$0.00 per share
Director stock grant compensation
Shares held after transaction
2,387 shares
Direct common stock ownership after grant
Transaction code
A
Grant, award, or other acquisition of Common Stock
Transaction direction
acquire
Non-derivative equity award to director
Key Terms
Grant, award, or other acquisition, Common Stock, independent members of Itron's board of directors, annual compensation for board service
4 terms
Grant, award, or other acquisition financial
"transaction code description is "Grant, award, or other acquisition""
Common Stock financial
"security title for the reported transaction is "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.
independent members of Itron's board of directors financial
"footnote states the grant is for independent members of Itron's board"
annual compensation for board service financial
"footnote ties the stock grant to annual compensation for board service"
FAQ
What did Itron (ITRI) director Sheri Savage report on this Form 4?
Director Sheri Savage reported receiving a grant of 621 shares of Itron common stock. The shares were awarded at a stated price of $0.00 per share as part of her compensation, increasing her direct holdings to 2,387 shares after the transaction.
Was Sheri Savage’s Itron (ITRI) stock transaction a market buy or sell?
The filing shows a grant or award, not a market buy or sell. Code "A" indicates a grant, award, or other acquisition, and the footnote explains it is part of regular quarterly stock compensation for independent Itron board members.
What does the footnote in Sheri Savage’s Itron (ITRI) Form 4 explain?
The footnote explains the 621-share grant reflects common stock that independent Itron board members receive quarterly as part of their annual compensation. This clarifies the transaction is a routine director compensation award rather than a discretionary open-market transaction or trading decision.
How is the transaction in Sheri Savage’s Itron (ITRI) Form 4 coded?
The transaction is coded "A" for a grant, award, or other acquisition of non-derivative common stock. It records 621 shares acquired at a price of $0.00 per share, consistent with an equity compensation grant for service on Itron’s board of directors.