Wright David Marshall 4

What Happened

• David Marshall Wright, Itron's Vice President, Corporate Controller & Chief Accounting Officer, received an equity award of 1,807 shares on February 18, 2026. The shares were granted at $0.00 (i.e., an awarded grant rather than a purchase), so the reported acquisition value is $0.

Key Details

• Transaction date: 2026-02-18; filing date (Form 4): 2026-02-20.
• Transaction type: A (award/grant); shares acquired: 1,807; price: $0.00.
• Shares owned after the transaction: Not specified in this Form 4.
• Vesting: One-third vests on the first anniversary of the grant; the remaining two-thirds vest in equal quarterly installments over the following 24 months (per filing footnote).
• No indication this was a sale, tax-withholding, or 10b5-1 plan; filing appears timely.

Context

• This was a compensation-related equity grant (common for executives) rather than an open-market purchase or sale. Such awards align executive pay with shareholder value but do not by themselves signal an immediate bullish or bearish view by the insider. The vesting schedule means the shares become owned over time, contingent on continued service and any plan terms.