Perez Santiago 4

What Happened

• Perez Santiago, an independent member of Itron's board of directors, was granted and acquired 621 shares of Itron common stock on 2026-07-01. The Form 4 reports an acquisition price of $0.00 (this reflects a compensation grant, not a cash purchase).

Key Details

• Transaction date: 2026-07-01 (Filed: 2026-07-02; Period of Report: 2026-07-01)
• Transaction type: Award/Grant (code A) — 621 shares @ $0.00
• Reported acquisition value on the form: $0
• Shares owned after transaction: not disclosed in the provided filing
• Footnote: This grant reflects the quarterly common stock award independent board members receive as part of their annual board compensation (Footnote F1)
• Timeliness: Filing appears timely (transaction reported the next day)

Context

• This is a routine director compensation award rather than an open-market purchase or sale. Such grants are common for non-employee directors and generally reflect compensation, not a direct signal of buy/sell intent.