Reeves Donald L. III 4

What Happened
Donald L. Reeves III, Senior Vice President, Outcomes at Itron, sold 544 shares of ITRON common stock on 2026-02-24 at $94.81 per share, generating proceeds of approximately $51,579. The filing indicates the shares were automatically sold to cover tax withholding obligations tied to the vesting of a restricted stock unit (RSU) award—this is a routine tax-withholding sale rather than an independent open-market investment decision.

Key Details

• Transaction date: 2026-02-24; Filing date (Form 4): 2026-02-26 (timely filing).
• Transaction type/code: Sale (S); reported as open market or private sale.
• Shares sold: 544 at $94.81 each; total proceeds ≈ $51,579.
• Footnote: F1 — shares automatically sold to cover tax withholding on RSU vesting.
• Shares owned after the transaction: not specified in the excerpt of the filing provided.
• No 10% owner status reported in the supplied details.

Context
Sales to cover taxes on vested equity awards are common and typically routine; they do not necessarily indicate a change in an insider’s view of the company. This transaction reflects withholding for RSU taxes rather than a discretionary sell for cash management or market timing.