Itron CEO sells 887 shares to cover RSU taxes
Rhea-AI Filing Summary
ITRON, INC. (ITRI) reported an insider transaction by President & CEO Thomas Deitrich. On 2026-08-24, he executed an open-market sale of 887 shares of common stock at $98.79 per share. The shares were automatically sold to cover tax withholding on vesting of a restricted stock unit award. After this transaction, he held 367,009 shares directly and 25,000 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 887 shares
Net Sell
2 txns
Insider
Deitrich Thomas
Role
President & CEO
Sold
887 shs ($88K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 887 | $98.79 | $88K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 367,009 shares (Direct);
Common Stock — 25,000 shares (Indirect, By Trust)
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: 887 shares
Sale price per share: $98.79 per share
Direct holdings after transaction: 367,009 shares
+1 more
4 metrics
Shares sold
887 shares
Sale of ITRON, INC. common stock on 2026-08-24
Sale price per share
$98.79 per share
Open-market or private sale on 2026-08-24
Direct holdings after transaction
367,009 shares
Common stock directly owned by Thomas Deitrich after sale
Indirect holdings by trust
25,000 shares
Common stock held indirectly by trust after reported transactions
Key Terms
restricted stock unit award, tax withholding obligations, indirect
3 terms
restricted stock unit award financial
"associated with the 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 with the vesting"
indirect financial
"total_shares_following_transaction 25000.0000, direct_or_indirect I"
FAQ
What insider transaction did ITRI report for Thomas Deitrich?
ITRON, INC. reported that President & CEO Thomas Deitrich sold 887 shares of common stock on 2026-08-24 at $98.79 per share, in a transaction classified as a sale in the open market or a private transaction.
Was the ITRI insider transaction under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnote does not state that the sale was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.