STOCK TITAN

Itron (ITRI) exec's 329-share tax sale leaves 27,945 held

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

ITRON, INC. (ITRI) reported an insider transaction by Donald L. Reeves III, SVP, Outcomes. On 2026-08-24, 329 shares of common stock were sold at $98.79 per share, pursuant to an automatic sale to cover tax withholding obligations arising from the vesting of a restricted stock unit award. After this tax-related sale, Reeves directly held 27,945 shares of Itron common stock.

Positive

  • None.

Negative

  • None.
Insider Reeves Donald L. III
Role SVP, Outcomes
Sold 329 shs ($33K)
Type Security Shares Price Value
Sale Common Stock F1 329 $98.79 $33K
Holdings After Transaction: Common Stock — 27,945 shares (Direct)
Footnotes (1)
  1. F1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
Shares sold 329 shares Automatic sale on 2026-08-24 to cover tax withholding obligations
Sale price per share $98.79 per share Price for the 329 shares of Itron common stock sold on 2026-08-24
Shares owned after transaction 27,945 shares Direct common stock holdings of Donald L. Reeves III after the sale
restricted stock unit financial
"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
"shares automatically sold to cover tax withholding obligations"
Form 4 regulatory
"ITRI Form 4 transaction under a Rule 10b5-1 trading plan"
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 report for Donald L. Reeves III?

ITRON, INC. reported that Donald L. Reeves III sold 329 shares of common stock on 2026-08-24 at $98.79 per share. The shares were automatically sold to cover tax withholding obligations tied to the vesting of a restricted stock unit award.

Was the ITRI Form 4 sale by Donald L. Reeves III discretionary?

The Form 4 states the 329 shares were automatically sold to cover tax withholding obligations from a restricted stock unit vesting, indicating a tax-related transaction rather than a discretionary open-market sale for investment purposes.

How many ITRI shares does Donald L. Reeves III hold after this Form 4 transaction?

Following the tax-related sale, Donald L. Reeves III directly holds 27,945 shares of ITRON, INC. common stock. This post-transaction holding is reported in the Form 4 as the total shares following the transaction.

What was the price per share in the ITRI insider sale on 2026-08-24?

The reported transaction price for the ITRON, INC. insider sale on 2026-08-24 was $98.79 per share for 329 shares of common stock, in a sale used to satisfy tax withholding obligations on an RSU vesting.

Is the ITRI Form 4 transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the 329-share sale was made under a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Reeves Donald L. III

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Outcomes
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/24/2026S329(1)D$98.7927,945D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
/s/ Christopher E. Ware, attorney-in-fact08/25/2026
** Signature of Reporting PersonDate
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)