Itron (ITRI) SVP Patrick Justin K Sells 212 Shares

What Happened
Patrick Justin K, Senior Vice President, Device Solutions at Itron, sold 212 shares in an open-market/private sale on 2026-08-20 at $97.83 per share, generating proceeds of approximately $20,739. This transaction was a sale and, per the filing footnote, was executed to satisfy tax withholding obligations tied to vested restricted stock units.

Key Details

• Transaction date and price: 2026-08-20 — 212 shares sold at $97.83 each.
• Total proceeds: ≈ $20,739.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Sale represents shares automatically sold to cover tax withholding on RSU vesting (footnote F1).
• Filing timing: Report filed 2026-08-24 (four days after the transaction). Form 4s are generally due within two business days of the transaction, so this filing was submitted several days later than the transaction date shown.

Context
Automatic share-sales to cover tax withholding on RSU vesting are common and typically administrative rather than a signal of confidence or lack thereof in the company. This was not a purchase or an option exercise—just a withholding sale tied to equity compensation.