Ware Christopher E. 4
Research Summary
AI-generated summary
Itron (ITRI) SVP Christopher Ware Sells 763 Shares
What Happened
- Christopher E. Ware, Senior Vice President, General Counsel & Corporate Secretary of Itron, sold 763 shares of Itron common stock in an open-market/private sale on 2026-02-20 at $100.17 per share, generating proceeds of approximately $76,427. This transaction is a sale (routine) and was used to cover tax withholding rather than a discretionary disposition to take a market view.
Key Details
- Transaction date and price: 2026-02-20 — 763 shares at $100.17 per share.
- Total proceeds: ~ $76,427 (gross).
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — Shares were automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit (RSU) award.
- Filing date/timeliness: Form 4 filed 2026-02-23; filing appears timely based on the report date.
Context
- This was an automatic sell-to-cover tied to RSU vesting (tax withholding), which is a common administrative transaction and does not necessarily reflect the insider’s view on the company’s prospects. Purchases by insiders generally carry more weight as signals of confidence than routine sell-to-cover transactions.