Itron SVP sells shares to cover tax withholding
Itron, Inc. senior vice president Patrick Justin K reported an open-market sale of 828 shares of common stock at an average price of $100.1664 per share.
Rhea-AI Filing Summary
Itron, Inc. senior vice president Patrick Justin K reported an open-market sale of 828 shares of common stock at an average price of $100.1664 per share. According to the filing, these shares were automatically sold to cover tax withholding from a restricted stock unit vesting, and he now directly holds 33,516 shares of Itron common stock.
Positive
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Insider Trade Summary
Net Seller: 828 shares
Net Sell
1 txn
Insider
Patrick Justin K
Role
SVP, Device Solutions
Sold
828 shs ($83K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 828 | $100.1664 | $83K |
Holdings After Transaction:
Common Stock — 33,516 shares (Direct)
Footnotes (1)
- F1. Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
FAQ
What insider transaction did ITRI executive Patrick Justin K report?
Patrick Justin K reported an open-market sale of 828 Itron shares. The shares were automatically sold to satisfy tax withholding tied to a restricted stock unit vesting, not a discretionary portfolio trade.
What is the role of Patrick Justin K at Itron (ITRI)?
Patrick Justin K serves as senior vice president, Device Solutions, at Itron. His Form 4 filing reflects equity activity related to his executive compensation, including restricted stock unit awards and associated tax withholding sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.