JAEHNERT FRANK M 4
Research Summary
AI-generated summary
Itron (ITRI) Director Frank Jaehnert Receives 580-Share Award
What Happened
Frank M. Jaehnert, a member of Itron's board of directors, was granted 580 shares on April 1, 2026. The Form 4 reports the acquisition as 580 shares at $0.00 (reported value $0), reflecting a compensation award rather than an open-market purchase or sale. The filing notes Jaehnert deferred receipt of these shares under Itron's Executive Deferred Compensation Plan.
Key Details
- Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-02.
- Transaction type/code: Award/Grant (A). 580 shares acquired at $0.00 (reported).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: Grant represents quarterly common stock awards for independent board members; Mr. Jaehnert deferred receipt under the Executive Deferred Compensation Plan (footnote F1).
- Timeliness: Filed the next day (appears timely; no late-filing flag reported).
Context
This is a routine board-compensation award rather than a market transaction and does not by itself indicate the director is buying or selling based on company outlook. Deferred receipt means the shares were credited under a compensation plan and may have different tax/timing implications than an immediate cash purchase.