ITRON SVP Donald L. Reeves III Sells 286 Shares

What Happened
Donald L. Reeves III, Senior Vice President, Outcomes at Itron, reported a sale of 286 shares on 2026-08-20 at $97.83 per share, totaling $27,978. The sale is reported as a disposition and was executed to cover tax withholding tied to the vesting of a restricted stock unit award, not an opportunistic open‑market trade.

Key Details

• Transaction date: 2026-08-20; Price: $97.83 per share; Shares sold: 286; Gross proceeds: $27,978.
• Filing date: 2026-08-24 (reported within the normal Form 4 reporting window).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: F1 — shares were automatically sold to cover tax withholding obligations associated with the vesting of an RSU award (a “sell-to-cover”/tax-withholding transaction).
• Transaction type: S (Sale); classified as a routine tax-withholding disposition rather than a discretionary sale.

Context
Sell-to-cover transactions are common when restricted stock units vest and do not necessarily indicate a change in insider sentiment about the company. Purchases by insiders tend to be more informative about conviction; routine tax withholding sales primarily reflect administrative needs.