Marcolini John F. 4

What Happened

• John F. Marcolini, Senior Vice President of Networked Solutions at Itron, sold 1,074 shares in an open-market/private sale on 2026-02-20 at $100.17 per share, generating $107,579 in proceeds. The filing indicates the sale was executed to satisfy tax-withholding obligations from the vesting of restricted stock units.

Key Details

• Transaction date and price: 2026-02-20, 1,074 shares at $100.17 each.
• Total proceeds: $107,579 (gross).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were automatically sold to cover tax withholding related to RSU vesting.
• Filing: Form 4 filed 2026-02-23; this appears to be timely (filed within the required period).

Context

• Tax-withholding sales on RSU vesting are routine and typically mirror required withholding rather than a discretionary sell decision; they do not necessarily signal the insider’s view of the company. This transaction is a sale (S) and should be interpreted as a withholding-related disposition rather than an opportunistic market trade.