Deitrich Thomas 4

What Happened
Deitrich Thomas, President & CEO (and director) of Itron, sold 3,061 shares of ITRON common stock on February 20, 2026 at $100.17 per share, generating gross proceeds of approximately $306,609. This transaction is reported as a sale and, per the filing footnote, represents an automatic sale to cover tax withholding obligations tied to the vesting of a restricted stock unit (RSU) award.

Key Details

• Transaction date: 2026-02-20
• Trade details: Sale of 3,061 shares at $100.17 per share — proceeds ≈ $306,609
• Filing date: 2026-02-23 (filed within the normal reporting window)
• Footnote: F1 — shares were automatically sold to satisfy tax withholding on vested RSUs (non-discretionary withholding sale)
• Shares owned after transaction: Not provided in the supplied filing excerpt
• Codes: S = Sale; F (footnote) = tax withholding due to RSU vesting

Context
Automatic sell-to-cover transactions are common when RSUs vest and are used solely to pay withholding taxes; they are routine administrative actions rather than discretionary insider market timing. Retail investors often view purchases as stronger indicators of confidence than routine withholding sales, so consider this trade in the context of other insider activity and the company’s broader disclosures.