Reeves Donald L. III 4

What Happened
Donald L. Reeves III, Senior Vice President, Outcomes at Itron, reported the sale of 319 shares on 2026-05-26. The shares were sold at $84.37 per share for total proceeds of about $26,913. The filing indicates this disposal was an automatic sale to cover tax withholding related to the vesting of a restricted stock unit (RSU) award, not a discretionary sell for investment purposes.

Key Details

• Transaction date and price: 2026-05-26 — 319 shares at $84.37 each.
• Proceeds: approximately $26,913.
• Transaction type: Reported as a sale (open market/private sale) with footnote indicating tax-withholding (sell-to-cover) on RSU vesting.
• Filing date: 2026-05-27 (filed timely; Form 4 due within two business days).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: F1 — shares automatically sold to cover tax withholding obligations from the vesting of an RSU award.

Context
Sell-to-cover transactions are routine administrative sales that occur when RSUs vest and shares are sold automatically to satisfy tax withholding; they typically do not indicate a change in the insider’s view of the company. For retail investors, purchases or voluntary sales by insiders are usually more informative about sentiment than mandatory tax-withholding disposals.