JAEHNERT FRANK M 4

What Happened Frank M. Jaehnert, an independent member of Itron's (ITRI) board of directors, received a grant of 621 shares on July 1, 2026. The transaction is reported as an award/grant (code A) with an acquisition price of $0.00 — this reflects compensation shares, not an open‑market purchase or sale. Mr. Jaehnert deferred receipt of these shares under Itron’s Executive Deferred Compensation Plan.

Key Details

• Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-02 (timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 621; acquisition price reported as $0.00 (compensation).
• Post-transaction shares beneficially owned: Not disclosed in the provided filing excerpt.
• Footnote: Shares are the quarterly common stock award for independent directors; Mr. Jaehnert deferred receipt per the Executive Deferred Compensation Plan.
• No sale, purchase, option exercise, 10b5-1 plan, or tax‑withholding detail included in this report.

Context This is a routine director compensation grant and should be viewed as payroll/compensation-related rather than a signal of personal buying or selling intent. Deferred delivery means the shares will be paid out later according to the terms of the deferred compensation plan, not immediately liquidated.