Marcolini John F. 4
Research Summary
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ITRON SVP John Marcolini Sells 6,948 Shares
What Happened John F. Marcolini, Senior Vice President, Networked Solutions at ITRON, sold 6,948 shares on 2026-02-19 at $99.54 per share, for a total of approximately $691,593. This was a sale (not a purchase) and was reported as a tax-withholding disposition related to vested performance-based restricted stock units.
Key Details
- Transaction date and price: 2026-02-19, 6,948 shares sold at $99.54 each.
- Reported proceeds: approximately $691,593.
- Reason/footnote: F1 — shares automatically sold to cover tax withholding on the vesting of a performance-based RSU award.
- Filing date / timeliness: Form filed 2026-02-23; filing appears to be within the SEC’s standard two-business-day window for Form 4s.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context Tax-withholding sales on vesting (cashless or automatic share sales) are routine administrative transactions and do not necessarily indicate the insider’s view on the company’s outlook. This report documents the withholding sale rather than an intentional open-market divestiture for investment reasons.