Itron (ITRI) SVP John Marcolini Sells 275 Shares

What Happened

• John F. Marcolini, Senior Vice President, Networked Solutions at Itron (ITRI), had 275 shares sold on 2026-08-20 at $97.83 per share, generating proceeds of roughly $26,902. The sale was reported as an open market/private sale and was executed to satisfy tax withholding tied to the vesting of restricted stock units (RSUs). This is a sale (routine tax-withholding), not a discretionary market-timing purchase.

Key Details

• Transaction date: 2026-08-20
• Price per share: $97.83; Shares sold: 275; Proceeds: ~$26,902
• Shares owned after transaction: Not reported on this Form 4
• Footnote: Sale represents shares automatically sold to cover tax withholding obligations associated with the vesting of an RSU award
• Filing timeliness: Form 4 filed 2026-08-24; appears to be filed within the normal 2-business-day window (timely)

Context

• The sale was an automatic withholding disposition tied to RSU vesting (tax withholding), which is a routine administrative event and not necessarily an indicator of the insider’s view on the company’s stock.
• For retail investors, purchases by insiders generally carry more signal value than routine withholding sales like this one.