Itron (ITRI) director Sheri Savage awarded 580-share quarterly stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Itron, Inc. director Sheri Savage received a stock grant of 580 shares of Common Stock as part of her quarterly board compensation. The shares were awarded at no cash cost to her and are classified as a grant or other acquisition. Following this grant, she directly holds 1,766 shares of Itron common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Savage Sheri
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 580 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,766 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock grant: 580 shares
Post-transaction holdings: 1,766 shares
Transaction price: $0.0000 per share
3 metrics
Stock grant
580 shares
Quarterly compensation grant of common stock to independent director
Post-transaction holdings
1,766 shares
Total Itron common stock held directly by Sheri Savage after grant
Transaction price
$0.0000 per share
Reported price per share for the 580-share grant
Key Terms
Common Stock, grant, award, or other acquisition, annual compensation for board service
3 terms
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.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
annual compensation for board service financial
"receive quarterly as part of their annual compensation for board service"
FAQ
What insider transaction did Itron (ITRI) director Sheri Savage report?
Sheri Savage reported receiving a grant of 580 shares of Itron common stock. The shares were awarded as part of quarterly compensation for independent board members, classified as a grant or other acquisition rather than an open-market purchase or sale.
What does the transaction code on Sheri Savage’s Itron (ITRI) Form 4 mean?
The Form 4 lists transaction code “A,” described as a grant, award, or other acquisition. This indicates the 580 Itron shares were awarded as compensation, not bought or sold in the open market by director Sheri Savage.
Is Sheri Savage’s Itron (ITRI) stock grant a routine event?
Yes, the footnote explains the 580-share grant reflects stock that independent Itron board members receive quarterly as part of annual compensation for board service, indicating this is a routine, scheduled compensation-related transaction.