Itron executive sells 10,210 shares at $97.36
Rhea-AI Filing Summary
ITRON, INC. (ITRI) reported that Justin K. Patrick, its SVP, Device Solutions, sold a total of 10,210 shares of common stock on September 3, 2026 in multiple open-market transactions at a price of $97.36 per share. All reported sales were made under a Rule 10b5-1 trading plan adopted on May 6, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,210 shares
Net Sell
4 txns
Insider
Patrick Justin K
Role
SVP, Device Solutions
Sold
10,210 shs ($994K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 7,883 | $97.36 | $767K |
| Sale | Common Stock F1 | 593 | $97.36 | $58K |
| Sale | Common Stock F1 | 581 | $97.36 | $57K |
| Sale | Common Stock F1 | 1,153 | $97.36 | $112K |
Holdings After Transaction:
Common Stock — 22,065 shares (Direct)
Footnotes (1)
- F1. Represents number of shares sold under a Rule 10(b)5-1 Trading Plan adopted by Mr. Patrick on May 6, 2026.
Key Figures
Total shares sold: 10,210 shares
Sale price per share: $97.36 per share
Largest single block sold: 7,883 shares
+2 more
5 metrics
Total shares sold
10,210 shares
Aggregate insider sales of Itron common stock reported for September 3, 2026
Sale price per share
$97.36 per share
Price for each reported sale of Itron common stock on September 3, 2026
Largest single block sold
7,883 shares
Largest individual sale of Itron common stock on September 3, 2026
Additional sale blocks
1,153; 593; 581 shares
Three other sale tranches of Itron common stock on September 3, 2026
Rule 10b5-1 plan adoption date
May 6, 2026
Date the trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 Trading Plan, open market, private transaction
3 terms
Rule 10b5-1 Trading Plan regulatory
"Represents number of shares sold under a Rule 10(b)5-1 Trading Plan adopted by Mr. Patrick on May 6, 2026."
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 market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
private transaction market
"Sale in open market or private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
FAQ
What insider transaction did ITRI disclose in this Form 4?
The company disclosed that SVP, Device Solutions, Justin K. Patrick sold 10,210 shares of Itron common stock on September 3, 2026 in open-market transactions at $97.36 per share, according to the Form 4.
Were the ITRI insider sales made under a Rule 10b5-1 trading plan?
Yes. A footnote states that the reported sales represent shares sold under a Rule 10b5-1 Trading Plan adopted by Justin K. Patrick on May 6, 2026.
What is the role of the reporting person in ITRI?
The reporting person, Justin K. Patrick, is identified as an officer of Itron with the title SVP, Device Solutions in the Form 4.
How many separate sale transactions of ITRI stock were reported?
The Form 4 reports four separate sale transactions in Itron common stock on September 3, 2026, each at $97.36 per share, totaling 10,210 shares sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.