Research Summary
AI-generated summary of this SEC filing
ITRON CEO Deitrich Thomas Sells 783 Shares
What Happened
- Deitrich Thomas, President & CEO and a director of ITRON, sold 783 shares on 2026-08-20 at $97.83 per share, generating proceeds of approximately $76,598. The sale was reported on a Form 4 filed 2026-08-24 and is coded as a sale.
Key Details
- Transaction date and price: 2026-08-20 at $97.83 per share.
- Shares sold: 783; proceeds ≈ $76,598.
- Transaction type: Sale (open market/private sale); footnote indicates automatic sale to cover tax withholding on vested restricted stock units (RSUs).
- Footnote: "Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award."
- Filing: Form 4 filed 2026-08-24 (see the official filing for total shares owned after the transaction).
Context
- This sale was a routine tax-withholding disposition tied to RSU vesting, which is common and does not necessarily signal a change in the insider's view of the company. Purchases typically carry more informative weight about insider sentiment.