Hooper Joan S 4
Research Summary
AI-generated summary
ITRON CFO Joan Hooper Sells 1,426 Shares
What Happened
Joan S. Hooper, Itron's Senior Vice President & Chief Financial Officer, sold 1,426 shares of ITRON common stock on 2026-02-20 at $100.17 per share, generating proceeds of approximately $142,837. This was a sell-to-cover transaction tied to the vesting of restricted stock units (RSUs), not an ad hoc market sale.
Key Details
- Transaction date: 2026-02-20; Price: $100.17 per share; Total proceeds: ~$142,837.
- Report filed with the SEC on 2026-02-23 (within the Form 4 reporting window).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: F1 — shares were automatically sold to cover tax withholding obligations related to RSU vesting.
- Transaction type: Sale (routine tax-withholding sale), not a purchase or discretionary sale.
Context
A sell-to-cover is a routine administrative transaction that occurs when RSUs vest and shares are sold automatically to satisfy withholding taxes. Such transactions generally reflect tax mechanics rather than a change in the insider's view on the company’s prospects. Check the full Form 4 for exact post-transaction holdings if you need ownership details.