Research Summary
AI-generated summary of this SEC filing
Itron (ITRI) SVP Donald L. Reeves III Sells 247 Shares
What Happened
- Donald L. Reeves III, SVP, Outcomes at Itron, sold 247 shares on August 21, 2026. The shares were disposed at $98.87 per share for total proceeds of $24,421. The filing indicates the sale was executed under a Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-08-21 — 247 shares at $98.87 each.
- Total value: $24,421 (proceeds from the sale).
- Post-transaction holdings: Not specified in the provided filing excerpt.
- Footnote: Sale executed under a 10b5-1 trading plan adopted by Mr. Reeves on September 11, 2025.
- Filing: Report filed with the SEC on 2026-08-24; this appears to be within the standard two-business-day Form 4 window for an August 21 trade.
Context
- This was a sale (S), not a purchase, so it is generally considered routine insider selling rather than a direct bullish signal. Sales executed under an established 10b5-1 plan are prearranged and intended to limit timing based on nonpublic information; they often reflect scheduled or tax/liquidity planning rather than a change in view about the company.