Itron CFO exercises 5,823 options, sells 4,406 shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
For ITRON, INC. (ITRI), SVP & CFO Joan S. Hooper reported a set of option exercises and related share sales on August 20, 2026. She exercised stock options for a total of 5,823 shares of Common Stock at strike prices of $68.45 and $69.30 per share. On the same date, she sold 365 shares at $97.8259 per share to automatically cover tax withholding from a restricted stock unit vesting, and sold an additional 4,041 shares at $98.95 per share in open market transactions to satisfy the purchase price on the option exercises.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Hooper Joan S
Role
SVP & CFO
Sold
4,406 shs ($436K)
Approx. gross sale proceeds
$436K
Approx. exercise cost
$400K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F3 | 1,443 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) F2 | 4,380 | $0.00 | $0.00 |
| Sale | Common Stock F1 | 365 | $97.8259 | $36K |
| Exercise | Common Stock F2 | 4,380 | $68.45 | $300K |
| Exercise | Common Stock F3 | 1,443 | $69.30 | $100K |
| Sale | Common Stock F4 | 4,041 | $98.95 | $400K |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,750 contracts (Direct);
Common Stock — 118,895 shares (Direct)
Footnotes (4)
- F1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
- F2. This option became fully vested on June 20, 2020.
- F3. This option became fully vested on February 22, 2021.
- F4. The Reporting Person sold shares of Common Stock in open market transactions to satisfy payment of the purchase price on the stock option exercises reported in this Form 4.
Key Figures
Options Exercised at $68.45: 4,380 shares at $68.45 per share
Options Exercised at $69.30: 1,443 shares at $69.30 per share
Sale to Cover Taxes: 365 shares at $97.8259 per share
+3 more
6 metrics
Options Exercised at $68.45
4,380 shares at $68.45 per share
Stock option exercise into Common Stock on August 20, 2026
Options Exercised at $69.30
1,443 shares at $69.30 per share
Stock option exercise into Common Stock on August 20, 2026
Sale to Cover Taxes
365 shares at $97.8259 per share
Automatic sale to cover tax withholding on RSU vesting
Sale to Pay Option Exercise Price
4,041 shares at $98.95 per share
Open market sale to satisfy purchase price on stock option exercises
Total Shares Sold
4,406 shares
Combined sales of 365 and 4,041 Common Stock shares on August 20, 2026
Total Shares from Options Exercised
5,823 shares
Sum of Common Stock shares received from both option exercises
Key Terms
Stock Option (Right to Buy), restricted stock unit award, tax withholding obligations, open market transactions
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
restricted stock unit award financial
"vesting of a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"sold to cover tax withholding obligations associated"
open market transactions financial
"sold shares of Common Stock in open market transactions"
Open market transactions are the buying and selling of a company’s shares or other securities conducted on public exchanges or through the wider market rather than through private deals or negotiated placements. They matter to investors because these trades change supply and demand in real time—like shoppers affecting a store’s inventory—and so can move prices, signal management or investor sentiment, affect liquidity, and alter ownership stakes that influence future returns and risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did ITRI CFO Joan S. Hooper report on this Form 4?
Joan S. Hooper reported exercising stock options for 5,823 shares of ITRON, INC. Common Stock and selling a total of 4,406 shares on August 20, 2026, including sales tied to tax withholding and paying the purchase price of the exercised options.
Were Joan S. Hooper’s ITRI transactions made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and the footnotes do not describe a Rule 10b5-1 plan, so the transactions are not reported as being made under such a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
