Reeves Donald L. III 4

What Happened
Donald L. Reeves III, Senior Vice President, Outcomes at Itron (ITRI), sold 255 shares in an open‑market transaction on May 21, 2026. The shares were sold at $80.88 each, generating approximately $20,624. This was a sale (not a purchase); such sales can be routine cashing‑out of holdings rather than a signal about company prospects.

Key Details

• Transaction date and price: 2026-05-21, 255 shares at $80.88 per share. Total proceeds ≈ $20,624.
• Report filed: May 22, 2026 (appears to be filed promptly following the transaction).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: The shares sold were covered by a Rule 10b5‑1 trading plan adopted by Mr. Reeves on September 11, 2025 (pre‑arranged sales).

Context
A 10b5‑1 plan lets insiders sell shares according to a preset schedule and is commonly used to avoid questions about timing. For retail investors, purchases tend to carry more informational weight than routine sales; this modest, planned sale (~$20.6k) should be viewed as routine unless accompanied by other material signals or repeated, large transactions.