ITRON, INC.·4

Feb 20, 1:05 PM ET

Ware Christopher E. 4

Research Summary

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Itron (ITRI) SVP Christopher Ware Receives Stock Awards

What Happened

  • Christopher E. Ware, Itron's Senior Vice President, General Counsel & Corporate Secretary, was granted two stock awards on Feb 18, 2026: 6,276 RSUs and 11,242 RSUs. Both awards are reported at $0.00 per share (reported value $0).

Key Details

  • Transaction date: 2026-02-18; Filing date: 2026-02-20 (filing appears timely).
  • Awards: 6,276 shares (service-based RSU); 11,242 shares (performance-based RSU).
  • Reported price: $0.00 per share; total reported value: $0.
  • Shares owned after the transaction: not disclosed in the filing.
  • Footnotes:
    • F1: The 6,276 service-based award vests one-third on the first anniversary of the grant, with the remaining two-thirds vesting in equal quarterly installments over the following 24 months.
    • F2: The 11,242 award represents shares earned under a performance-based RSU award for the 2023–2025 performance period.

Context

  • These are compensation-related grants (awards), not open-market purchases or sales; they reflect standard equity compensation and future vesting conditions rather than an immediate purchase/sale signal. Performance RSUs reflect achievement of multi-year targets and typically vest or settle according to plan terms.