Hooper Joan S 4
Research Summary
AI-generated summary
Itron (ITRI) CFO Joan Hooper Sells 442 Shares
What Happened
Joan S. Hooper, Senior Vice President & Chief Financial Officer of Itron, Inc., disposed of 442 shares in an open-market/private sale on 2026-05-26 at $84.37 per share, generating proceeds of $37,290. This was a sale to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), not a discretionary sell for investment reasons.
Key Details
- Transaction date and price: 2026-05-26, sold 442 shares at $84.37 each.
- Total proceeds: $37,290 (gross).
- Shares owned after transaction: not reported in this Form 4 filing.
- Footnote: F1 — "Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award."
- Filing timeliness: Reported on 2026-05-27 (filed the day after the transaction), which appears timely.
Context
Sales to cover tax withholding on RSU vesting are routine and generally do not signal a change in insider conviction about the company. The filing does not reference a 10b5‑1 plan or other trading program.