Itron SVP Reeves sells $28K in stock for taxes
Rhea-AI Filing Summary
ITRON, INC. (ITRI) reported that officer Donald L. Reeves III, SVP, Outcomes, had 286 shares of Common Stock sold on 2026-08-20 at $97.8259 per share. According to the company’s disclosure, these shares were automatically sold to cover tax withholding obligations from the vesting of a restricted stock unit award. Following this transaction, Reeves directly held 28,521 shares of Itron common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 286 shares
Net Sell
1 txn
Insider
Reeves Donald L. III
Role
SVP, Outcomes
Sold
286 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 286 | $97.8259 | $28K |
Holdings After Transaction:
Common Stock — 28,521 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: 286 shares
Sale price per share: $97.8259 per share
Estimated transaction value: $27,985.20
+1 more
4 metrics
Shares sold
286 shares
Common Stock sold on 2026-08-20 to cover tax withholding
Sale price per share
$97.8259 per share
Price for the 286-share sale on 2026-08-20
Estimated transaction value
$27,985.20
286 shares at $97.8259 per share (tax-withholding sale)
Shares owned after transaction
28,521 shares
Direct holdings of Donald L. Reeves III following the sale
Key Terms
restricted stock unit, tax withholding obligations, Common Stock
3 terms
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
"sold to cover tax withholding obligations associated with the vesting"
Common Stock financial
"Represents shares automatically sold to cover tax withholding"
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.
FAQ
What insider transaction did ITRI disclose for Donald L. Reeves III?
Itron disclosed that 286 shares of its Common Stock tied to Donald L. Reeves III were sold on 2026-08-20 at $97.8259 per share to satisfy tax withholding obligations from a restricted stock unit vesting.
Was the ITRI insider sale by Donald L. Reeves III a discretionary transaction?
The company reports that the 286-share sale was automatically executed to cover tax withholding obligations associated with the vesting of a restricted stock unit award, indicating it was a tax-related transaction rather than an open-market discretionary sale.
What role does Donald L. Reeves III have at Itron (ITRI)?
Donald L. Reeves III is identified as an officer of Itron, Inc., serving as SVP, Outcomes, in connection with the Form 4 reporting the 286-share tax-withholding sale of Common Stock on 2026-08-20.
AI-generated analysis. How Rhea-AI works. Not financial advice.