Itron director granted 621 shares as board pay

JAEHNERT FRANK M reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

JAEHNERT FRANK M reported acquisition or exercise transactions in this Form 4 filing.

ITRON, INC. director Frank M. Jaehnert reported receiving a grant of 621 shares of common stock as part of his quarterly board compensation. The shares were awarded at no cash purchase price and increased his directly held position to 23,118 common shares. According to the disclosure, he deferred receipt of these shares under Itron's Executive Deferred Compensation Plan, meaning the award is part of his non-employee director compensation structure rather than an open-market transaction.

Insider Trade Summary

Grant/Award: 621 shares

Grant/Award 1 txn

Insider JAEHNERT FRANK M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	621	$0.00	$0.00

Holdings After Transaction: Common Stock — 23,118 shares (Direct)

Footnotes (1)

1. F1. Reflects the grant of common stock independent members of Itron's board of directors receive quarterly as part of their annual compensation for board service. Mr. Jaehnert deferred receipt of these shares pursuant to Itron's Executive Deferred Compensation Plan.

Key Figures

Shares granted: 621 shares Price per share: $0.00 per share Shares owned after transaction: 23,118 shares +1 more

4 metrics

Shares granted 621 shares Common stock grant on 2026-07-01

Price per share $0.00 per share Compensation grant, non-cash

Shares owned after transaction 23,118 shares Direct ownership following grant

Transaction type Grant, award, or other acquisition Form 4 code A, non-derivative

Key Terms

Executive Deferred Compensation Plan, grant of common stock, independent members of Itron's board of directors

3 terms

Executive Deferred Compensation Plan financial

"Mr. Jaehnert deferred receipt of these shares pursuant to Itron's Executive Deferred Compensation Plan."

grant of common stock financial

"Reflects the grant of common stock independent members of Itron's board of directors receive quarterly as part of their annual compensation"

independent members of Itron's board of directors other

"Reflects the grant of common stock independent members of Itron's board of directors receive quarterly as part of their annual compensation"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Itron (ITRI) director Frank Jaehnert report?

Frank M. Jaehnert reported receiving a grant of 621 shares of Itron common stock. The award was part of his quarterly compensation for board service, not an open-market stock purchase or sale.

How many Itron (ITRI) shares does Frank Jaehnert hold after this Form 4?

After the reported grant, Frank M. Jaehnert holds 23,118 shares of Itron common stock directly. This figure reflects his updated ownership following the 621-share compensation award disclosed in the Form 4 filing.

Was cash paid for the Itron (ITRI) shares granted to Frank Jaehnert?

No cash was paid for this award; the 621 Itron shares were granted at a price of $0.00 per share. The stock represents non-cash compensation for his role as an independent member of Itron’s board of directors.

Why did Frank Jaehnert defer receipt of his Itron (ITRI) share grant?

Frank M. Jaehnert deferred receipt of the 621-share grant under Itron’s Executive Deferred Compensation Plan. This plan allows eligible participants to postpone receiving certain compensation, including stock awards, according to the filing footnote.

Is the Itron (ITRI) Form 4 transaction a market buy or sell?

The transaction is not a market buy or sell; it is a grant of 621 common shares as compensation. The filing classifies it as a grant, award, or other acquisition, rather than an open-market trade in Itron stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 02:04 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

JAEHNERT FRANK M

(Last) (First) (Middle)

2111 N. MOLTER ROAD

(Street)

LIBERTY LAKE WASHINGTON 99019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ITRON, INC. [ ITRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A		621(1)	A	$0	23,118	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the grant of common stock independent members of Itron's board of directors receive quarterly as part of their annual compensation for board service. Mr. Jaehnert deferred receipt of these shares pursuant to Itron's Executive Deferred Compensation Plan.

	/s/ Christopher E. Ware, attorney-in-fact	07/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)