Deitrich Thomas 4

What Happened Deitrich Thomas, President & CEO and a director of Itron, Inc. (ITRI), sold 56,095 shares on February 19, 2026 at $99.54 per share, generating proceeds of approximately $5,583,612. The sale is reported as an S (sale) and was executed to satisfy tax withholding tied to the vesting of performance-based restricted stock units.

Key Details

• Transaction date: 2026-02-19; Price: $99.54 per share
• Shares sold: 56,095; Gross proceeds: $5,583,612
• Shares owned after transaction: not disclosed in the filing excerpt provided
• Footnote: F1 — shares were automatically sold to cover tax withholding on vested performance-based RSUs
• Filing date: 2026-02-23 (filed within the SEC’s two-business-day window — timely)

Context This was an automatic "sell to cover" tied to RSU vesting rather than a discretionary open-market sale. Such tax-withholding disposals are common and typically reflect tax obligations on awards, not necessarily a change in the insider’s view of the company. For retail investors, outright purchases or patterned discretionary sales are generally more informative about insider sentiment than routine withholding sales.