Lande Jerome J. 4
Research Summary
AI-generated summary
Itron Director Jerome Lande Receives 621-Share Award
What Happened
- Jerome J. Lande, an independent member of Itron's board of directors, was granted 621 shares of Itron common stock on July 1, 2026. The Form 4 reports the acquisition price as $0.00 (transaction coded as an award/grant).
- This was a compensation award (not an open-market purchase or sale). The filing shows the grant was part of regular board service compensation.
Key Details
- Transaction date and type: 2026-07-01 — Award/Grant (code A).
- Price reported: $0.00 per share; total reported value $0.
- Shares owned after transaction: not disclosed in the Form 4 filing.
- Footnote: The grant reflects the common stock independent board members receive quarterly as part of annual board compensation.
- Filing timeliness: Report filed 2026-07-02 (next business day), indicating a timely report.
Context
- This is a routine director compensation grant and does not necessarily signal insider views about the company’s near-term prospects. Such awards are common for independent directors and are typically part of standard pay practices rather than market-timed transactions.