Hooper Joan S 4
Research Summary
AI-generated summary
Itron (ITRI) CFO Joan Hooper Sells 355 Shares to Cover Taxes
What Happened
- Joan S. Hooper, Senior VP & Chief Financial Officer of Itron, sold 355 shares of ITRON common stock on 2026-05-20 at $79.60 per share, for a total of $28,257. The transaction is a sale and was executed to satisfy tax withholding obligations associated with the vesting of a restricted stock unit (RSU) award.
Key Details
- Transaction date and price: 2026-05-20 — 355 shares sold at $79.60 each.
- Total value: $28,257.
- Shares owned after the transaction: not provided in the supplied filing details.
- Footnote: sale represents shares automatically sold to cover tax withholding on vested RSUs.
- Filing: Form 4 filed 2026-05-21 (filed the day after the transaction; within typical Form 4 timing requirements).
Context
- This was an automatic, tax-withholding sale tied to RSU vesting (not necessarily a discretionary insider sell). Such transactions are routine and are generally considered administrative rather than a direct signal about the insider’s view of the stock. Purchases by insiders tend to carry more weight for assessing insider sentiment.