Reeves Donald L. III 4

What Happened

Reeves Donald L. III, Senior Vice President, Outcomes at ITRON, sold 277 shares on 2026-05-20 at $79.60 per share, producing proceeds of $22,049. The sale was recorded as an open-market/private sale and reported on a Form 4 filed 2026-05-21.

Key Details

• Transaction date and price: 2026-05-20 — 277 shares @ $79.60.
• Total proceeds: $22,049 (amount disposed).
• Shares owned after transaction: Not specified in the filing excerpt.
• Footnote: F1 — shares were automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit (RSU) award (a sell-to-cover).
• Filing timeliness: Form 4 filed the next day (2026-05-21); appears timely (within the standard 2-business-day window).

Context

This was an automatic sell-to-cover tied to RSU vesting (tax withholding), not a discretionary trade signal. Such transactions are common when restricted stock units vest and the company or broker sells a portion of shares to satisfy taxes.