Drury Scott D. 4

What Happened
Scott D. Drury, a director of Itron, received a grant of 621 common shares on 2026-07-01 as part of the board's quarterly director compensation. The shares were reported at $0.00 per share (award/grant), yielding a reported transaction value of $0 because the award was issued rather than purchased. Per the filing, Drury deferred receipt of these shares under Itron’s Executive Deferred Compensation Plan.

Key Details

• Transaction date: 2026-07-01 — Grant/Award (transaction code A) of 621 shares at $0.00 per share (total $0).
• Form 4 filed: 2026-07-02 (timely filing; Form 4 is generally due within two business days).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: The grant reflects the quarterly common stock award for independent board members; Mr. Drury deferred receipt under the Executive Deferred Compensation Plan (F1).
• No sale, purchase, tax-withholding, or 10b5-1 plan indicated in this filing.

Context
This was a routine board compensation award to an independent director, not an open-market purchase or sale. Awards and deferred grants are common and typically reflect standard compensation practices rather than an express insider view on the company's near-term prospects. Purchases (cash acquisitions) tend to be more informative of insider conviction than routine compensation grants.