Itron (NASDAQ: ITRI) SVP sells 195 shares to cover tax obligations
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
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Insider Trade Summary
Net Seller: 195 shares
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)
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: 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.