Reeves Donald L. III 4

What Happened Donald L. Reeves III, Senior Vice President, Outcomes at Itron, sold a total of 519 shares in two transactions on February 25, 2026. He sold 220 shares at $97.84 (proceeds $21,525) and 299 shares at $97.84 (proceeds $29,254), for combined proceeds of about $50,779. These were sales (not purchases) and therefore do not signal a new ownership increase.

Key Details

• Transaction dates/prices/values:
  • 2026-02-25: 220 shares sold at $97.84 — $21,525
  • 2026-02-25: 299 shares sold at $97.84 — $29,254
  • Total sold: 519 shares for ~$50,779
• Footnote: Sales were made under a Rule 10b5-1 trading plan adopted by Mr. Reeves on September 11, 2025.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing timeliness: Report filed Feb 27, 2026 for transactions on Feb 25, 2026 (appears timely).

Context Sales executed pursuant to a 10b5-1 plan are pre‑arranged and common for insiders managing tax or diversification needs; they are typically viewed as routine rather than a direct statement about company prospects. For retail investors, purchases are generally more indicative of insider conviction; routine plan sales like this should be interpreted cautiously and alongside other signals (earnings, guidance, larger insider buying/selling trends).