Marcolini John F. 4
Research Summary
AI-generated summary
Itron (ITRI) SVP John Marcolini Sells 11,400 Shares
What Happened
John F. Marcolini, Senior Vice President, Networked Solutions at Itron, sold 11,400 shares on 2026-06-03 at $82.99 per share, for gross proceeds of approximately $946,086. This was a sale (not a purchase or option exercise) and appears to be a planned disposition.
Key Details
- Transaction date and price: 2026-06-03; 11,400 shares sold at $82.99 each (gross ≈ $946,086).
- Transaction type: Sale (S) — open market or private sale reported.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote: Sale executed under a Rule 10b5-1 trading plan adopted by Mr. Marcolini on February 23, 2026.
- Timeliness: Filed 2026-06-04 for a 2026-06-03 transaction — the Form 4 was filed promptly (within the typical 2-business-day window).
Context
A 10b5-1 trading plan lets insiders sell shares according to a pre-set schedule and is commonly used to avoid timing disputes; such planned sales are generally treated as routine disclosures rather than a direct signal of insider sentiment.