Itron (ITRI) SVP sells 293 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ITRON, INC. senior vice president of Outcomes Donald L. Reeves III sold 293 shares of common stock in an open-market transaction at $84.50 per share on May 27, 2026. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Mr. Reeves on September 11, 2025, and he continued to hold 28,807 shares of common stock directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 293 shares ($24,759)
Net Sell
1 txn
Insider
Reeves Donald L. III
Role
SVP, Outcomes
Sold
293 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 293 | $84.50 | $25K |
Holdings After Transaction:
Common Stock — 28,807 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 293 shares
Sale price: $84.50 per share
Shares held after: 28,807 shares
+3 more
6 metrics
Shares sold
293 shares
Open-market sale on May 27, 2026
Sale price
$84.50 per share
Common stock transaction price
Shares held after
28,807 shares
Direct ownership following sale
Net shares sold
293 shares
Net buy/sell shares for this Form 4
Transactions reported
1 sale
Non-derivative Form 4 transactions
Trading plan adoption date
September 11, 2025
Rule 10b5-1 trading plan by Mr. Reeves
Key Terms
Rule 10b5-1 Trading Plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 Trading Plan regulatory
"Represents number of shares sold under a Rule 10b5-1 Trading Plan adopted by Mr. Reeves on September 11, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Itron (ITRI) report for Donald L. Reeves III?
Donald L. Reeves III sold 293 Itron common shares. He executed an open-market sale at $84.50 per share on May 27, 2026, as disclosed in a Form 4 insider trading report for Itron, Inc.
Was the Itron (ITRI) insider sale made under a Rule 10b5-1 trading plan?
Yes, the sale was made under a Rule 10b5-1 trading plan. A footnote states the 293 shares sold on May 27, 2026, were transacted pursuant to a trading plan adopted by Donald L. Reeves III on September 11, 2025.
What role does Donald L. Reeves III hold at Itron (ITRI)?
Donald L. Reeves III serves as Itron's SVP, Outcomes. The Form 4 identifies him as an officer with the title "SVP, Outcomes," indicating a senior leadership position within Itron, Inc.
How many Itron (ITRI) insider sales are reported in this Form 4?
This Form 4 reports a single insider sale transaction. The transaction summary shows one sale of 293 shares of common stock and no purchases, exercises, gifts, or tax withholding entries for the reported period.