Itron (NASDAQ: ITRI) SVP Ware sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Itron, Inc. senior vice president and general counsel Christopher E. Ware reported an automatic sale of common stock tied to restricted stock unit vesting. On May 20, 2026, 189 shares of common stock were sold at $79.5976 per share to cover tax withholding obligations from an RSU award vesting. After this tax-related sale, Ware directly holds 30,506 shares of Itron common stock, indicating the transaction affects only a small portion of his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 189 shares ($15,044)
Net Sell
1 txn
Insider
Ware Christopher E.
Role
SVP, GC & Corp. Secretary
Sold
189 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 189 | $79.5976 | $15K |
Holdings After Transaction:
Common Stock — 30,506 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 189 shares
Sale price per share: $79.5976 per share
Shares held after transaction: 30,506 shares
+2 more
5 metrics
Shares sold
189 shares
Common stock sold on May 20, 2026
Sale price per share
$79.5976 per share
Price for the 189-share sale
Shares held after transaction
30,506 shares
Direct ownership after May 20, 2026 sale
Transaction code
S
Sale in open market or private transaction
Transaction direction
sell
Classified as an open-market sale
Key Terms
restricted stock unit, tax withholding obligations, open-market sale, Common Stock
4 terms
restricted stock unit financial
"associated with the 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
"automatically sold to cover tax withholding obligations associated with the vesting"
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 Christopher E. Ware?
Christopher E. Ware reported an automatic sale of 189 Itron common shares. The shares were sold to cover tax withholding obligations from a restricted stock unit vesting event, rather than as a discretionary open-market trade.
Does the Itron (ITRI) Form 4 indicate any option exercises or derivative trades?
The Form 4 shows only a single non-derivative transaction in Itron common stock. There are no reported option exercises or other derivative securities transactions in this filing’s derivative summary section.