Itron (ITRI) SVP John Marcolini Sells Shares

What Happened John F. Marcolini, Senior Vice President, Networked Solutions at Itron, sold 560 shares of ITRI stock in an automatic transaction on 2026-02-24. The shares were sold at $94.81 per share for a total proceeds of about $53,096. This was a sale (not a discretionary open-market bearish signal) made to satisfy tax withholding on vested restricted stock units.

Key Details

• Transaction date: 2026-02-24; filing date (Form 4): 2026-02-26 (timely filed).
• Sale: 560 shares at $94.81 each; total ≈ $53,096.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares were automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
• Transaction code: S (sale); footnote indicates tax-withholding disposition (routine).

Context Sales to cover tax withholding on RSU vesting are routine and reflect tax obligations rather than a directional view on the company. For retail investors, purchases by insiders tend to be more informative about confidence; this transaction appears administrative in nature.