Itron (ITRI) automatic exec sale of 76 shares covers RSU taxes
Rhea-AI Filing Summary
ITRON, INC. (ITRI) reported an insider transaction by David Marshall Wright, VP, Corp. Controller & CAO. On August 24, 2026, he sold 76 shares of common stock at $98.79 per share. According to the company’s disclosure, these shares were automatically sold to cover tax withholding obligations from a restricted stock unit vesting, leaving him with 8,671 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 76 shares
Net Sell
1 txn
Insider
Wright David Marshall
Role
VP, Corp. Controller & CAO
Sold
76 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 76 | $98.79 | $8K |
Holdings After Transaction:
Common Stock — 8,671 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: 76 shares
Sale price per share: $98.79 per share
Shares owned after transaction: 8,671 shares
+1 more
4 metrics
Shares sold
76 shares
Common stock sold on August 24, 2026 to cover tax withholding
Sale price per share
$98.79 per share
Price reported for the 76 shares of common stock sold
Shares owned after transaction
8,671 shares
Directly held common stock following the August 24, 2026 sale
Net buy/sell shares
-76 shares
Net effect of reported insider trading activity in this filing
Key Terms
restricted stock unit, tax withholding obligations, sale in open market or private transaction
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
"sold to cover tax withholding obligations associated with the vesting"
sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transaction did ITRI report for David Marshall Wright?
ITRON, INC. disclosed that David Marshall Wright sold 76 shares of common stock on August 24, 2026, at $98.79 per share. The company states the sale was an automatic transaction to cover tax withholding obligations from a vested restricted stock unit award.
Does the Form 4 indicate a Rule 10b5-1 trading plan for this ITRI insider sale?
The filing does not indicate use of a Rule 10b5-1 trading plan. The 10b5-1 affirmation checkbox is reported as false, and the footnote instead explains the sale as an automatic tax withholding transaction tied to RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.