Itron (ITRI) SVP auto-sells shares to cover RSU taxes
Rhea-AI Filing Summary
ITRON, INC. (ITRI) reported that executive John F. Marcolini, SVP, Networked Solutions, had 331 shares of common stock sold on 2026-08-24 at $98.79 per share. According to the disclosure, these shares were automatically sold to cover tax withholding obligations from a restricted stock unit vesting, leaving him with 12,683 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 331 shares
Net Sell
1 txn
Insider
Marcolini John F.
Role
SVP, Networked Solutions
Sold
331 shs ($33K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 331 | $98.79 | $33K |
Holdings After Transaction:
Common Stock — 12,683 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: 331 shares of Common Stock
Sale price per share: $98.79 per share
Shares owned after transaction: 12,683 shares
3 metrics
Shares sold
331 shares of Common Stock
Automatically sold on 2026-08-24 to cover tax withholding obligations
Sale price per share
$98.79 per share
Reported price for the 331 shares of Common Stock sold on 2026-08-24
Shares owned after transaction
12,683 shares
Direct ownership position of John F. Marcolini after the reported sale
Key Terms
restricted stock unit, tax withholding obligations, Sale in open market or private transaction
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"
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 John F. Marcolini on this Form 4?
The report shows a sale of 331 shares of Itron, Inc. common stock by John F. Marcolini on 2026-08-24 at $98.79 per share, tied to tax withholding for a restricted stock unit vesting.
Was the ITRI insider stock sale by John F. Marcolini a discretionary trade?
The filing states the 331 shares were automatically sold to cover tax withholding obligations associated with vesting of a restricted stock unit award, indicating it was a tax-related sale rather than an ordinary discretionary trade.
Does the Form 4 indicate that John F. Marcolini’s ITRI transaction involved derivatives or options?
No. The reported transaction is in Common Stock as a non-derivative security, with no derivative transactions listed in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.