Ware Christopher E. 4
Research Summary
AI-generated summary
Itron (ITRI) SVP Christopher Ware Sells 189 Shares
What Happened
- Christopher E. Ware, SVP, General Counsel & Corporate Secretary of Itron, sold 189 shares on 2026-05-20 at $79.60 per share, producing gross proceeds of $15,044. The sale was reported on a Form 4 filed 2026-05-21.
- This was a sale (routine cash-generating event) tied to tax withholding on a restricted stock unit (RSU) vesting rather than an open-market discretionary sell for investment reasons.
Key Details
- Transaction date and price: 2026-05-20 at $79.60 per share.
- Shares sold / value: 189 shares for $15,044 (gross).
- Transaction type/code: Sale (S); footnote F1 indicates shares automatically sold to cover tax withholding from RSU vesting.
- Filing: Form 4 filed 2026-05-21 for the 2026-05-20 transaction (filed the next day).
- Shares owned after transaction: Not specified in the provided filing details.
Context
- The sale was a tax-withholding disposition (company sold shares to cover required taxes on vested RSUs). Such transactions are routine administrative actions and do not necessarily signal the insider’s view of the company’s prospects.
- For retail investors: purchases and open-market buying by insiders generally convey clearer bullish signals than tax-withholding sales.