Itron (ITRI) SVP Patrick Justin K Sells 385 Shares

What Happened

• Patrick Justin K, Senior Vice President, Device Solutions at Itron (ITRI), sold 385 shares on 2026-02-24 at $94.81 per share for proceeds of $36,504. The Form 4 lists the sale as an open market/private sale and the filing was made on 2026-02-26.

Key Details

• Transaction date and price: 2026-02-24 — 385 shares sold at $94.81 each.
• Total value: $36,504 (proceeds from the sale).
• Shares owned after transaction: Not stated in the provided excerpt of the filing.
• Footnote: F1 — "Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award."
• Timeliness: Filed 2026-02-26 for a 2026-02-24 transaction (appears timely under Form 4 rules).

Context

• This sale was an automatic/tax-withholding sale tied to RSU vesting (per the footnote), which is a routine administrative transaction rather than a discretionary sale by the insider. Such withholding sales are common when restricted stock units vest and do not necessarily signal the insider's view of the company.