Itron (ITRI) SVP sells 11,400 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Itron, Inc. senior vice president John F. Marcolini sold 11,400 shares of Common Stock in an open-market transaction at $82.99 per share. After the sale, he directly holds 13,289 shares. The trade was executed under a pre-arranged Rule 10(b)5-1 Trading Plan adopted by Mr. Marcolini on February 23, 2026, indicating it was scheduled in advance rather than timed discretionarily.
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Insights
Planned sale by Itron SVP under 10b5-1, with shares retained.
The filing shows SVP John F. Marcolini completed an open-market sale of 11,400 Itron common shares at $82.99 per share. Following the transaction, he continues to hold 13,289 shares directly, so this is a partial reduction rather than a full exit.
The footnote states the sale occurred under a Rule 10(b)5-1 trading plan adopted on February 23, 2026. Such plans are established in advance and help separate routine liquidity or diversification from opportunistic timing. This context typically reduces the informational value of the exact sale date for investors.
No derivative positions are listed in the derivative summary, so this transaction reflects activity in already owned common shares rather than an option exercise. Subsequent company filings may provide additional context if future planned trades under the same plan are executed.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,400 | $82.99 | $946K |
Footnotes (1)
- F1. Represents number of shares sold under a Rule 10(b)5-1 Trading Plan adopted by Mr. Marcolini on February 23, 2026.
Key Figures
Key Terms
Rule 10(b)5-1 Trading Plan regulatory
open-market sale financial
Common Stock financial
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