Drury Scott D. 4
Research Summary
AI-generated summary
Itron (ITRI) Director Scott Drury Receives 580-Share Award
What Happened
- Scott D. Drury, a member of Itron's board of directors, was granted 580 shares on 2026-04-01 (transaction code A). The filing reports an acquisition price of $0.00 (total reported value $0), reflecting a routine compensation award rather than a market purchase.
Key Details
- Transaction date: 2026-04-01; filing date: 2026-04-02 (timely filing).
- Shares granted: 580; reported acquisition price: $0.00; total reported value: $0.
- Shares owned after the transaction: not specified in the filing.
- Footnote: The grant reflects the quarterly common stock awards paid to independent board members; Mr. Drury deferred receipt of these shares under Itron's Executive Deferred Compensation Plan.
- No indication of tax withholding, sale, or a 10b5-1 plan in this filing.
Context
- This was a compensation award to a director (not a purchase or sale of stock). Such grants are routine and reflect board pay — they do not by themselves indicate insider sentiment about the company's near-term prospects. The deferral means actual receipt or eventual payout will follow the terms of the deferred compensation plan.