Itron (NASDAQ: ITRI) SVP sells 195 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Itron, Inc. reported an insider transaction by SVP, GC & Corporate Secretary Christopher E. Ware. He sold 195 shares of common stock on May 26, 2026 at an average price of $84.3667 per share. According to the footnote, these shares were automatically sold to cover tax withholding obligations from the vesting of a restricted stock unit award. After this transaction, he directly holds 30,311 shares of Itron common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 195 shares ($16,452)
Net Sell
1 txn
Insider
Ware Christopher E.
Role
SVP, GC & Corp. Secretary
Sold
195 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 195 | $84.3667 | $16K |
Holdings After Transaction:
Common Stock — 30,311 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 195 shares
Sale price per share: $84.3667 per share
Shares owned after transaction: 30,311 shares
3 metrics
Shares sold
195 shares
Open-market sale on May 26, 2026
Sale price per share
$84.3667 per share
Average sale price for 195 shares
Shares owned after transaction
30,311 shares
Direct holdings following reported sale
Key Terms
restricted stock unit, tax withholding obligations, open-market sale
3 terms
restricted stock unit financial
"associated with the 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"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Itron (ITRI) report for Christopher E. Ware?
Christopher E. Ware, Itron’s SVP, GC & Corporate Secretary, sold 195 shares of common stock. The shares were sold in connection with tax withholding on a vesting restricted stock unit award, rather than a discretionary open-market sale.
Who is the insider involved in the recent Itron (ITRI) Form 4 filing?
The insider is Christopher E. Ware, who serves as Senior Vice President, General Counsel and Corporate Secretary at Itron. The Form 4 details his small share sale connected to covering tax withholding from a restricted stock unit vesting event.