Savage Sheri 4

What Happened Sheri Savage, 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 as an award with a reported price of $0.00, reflecting a compensatory grant rather than a market purchase. The filing lists the acquisition value as $0 for reporting purposes.

Key Details

• Transaction date: 2026-07-01 (Form 4 filed 2026-07-02).
• Transaction type: Award/Grant (code A); 621 shares acquired at $0.00.
• Shares owned after transaction: Not specified in this filing.
• Footnote: Grant reflects the quarterly stock compensation independent board members receive (F1).
• Timeliness: Filing appears timely (filed the day after the transaction).

Context Grants to independent directors are routine compensation for board service and are not the same signal as an insider buying shares with personal funds. Such awards are common and primarily reflect payroll/compensation policy rather than a direct expression of the director’s market view.