Research Summary
AI-generated summary of this SEC filing
Itron (ITRI) SVP Donald L. Reeves III Sells 329 Shares
What Happened
- Donald L. Reeves III, Senior Vice President, Outcomes at Itron, sold 329 shares on 2026-08-24 at $98.79 per share, producing approximately $32,502 in proceeds. The Form 4 indicates the sale was an automatic disposition to cover tax withholding tied to the vesting of restricted stock units.
Key Details
- Transaction date: 2026-08-24
- Transaction type: Sale (open market or private sale)
- Price and amount: 329 shares at $98.79 each; total ≈ $32,502
- Footnote: F1 — shares automatically sold to cover tax withholding on RSU vesting
- Shares owned after transaction: Not specified in the filing
- Filing date: 2026-08-25 — filed promptly (appears timely)
Context
- This was a tax-withholding sale following RSU vesting, a common administrative transaction and not necessarily a signal about the insider’s view of the company. Purchases by insiders tend to be more informative about confidence; routine withholding sales are typically neutral.