Research Summary
AI-generated summary of this SEC filing
Itron SVP Patrick Justin K Sells 10,210 Shares
What Happened Patrick Justin K, Senior Vice President, Device Solutions at Itron, sold a total of 10,210 ITRI shares in open-market transactions on September 3, 2026. The sales were executed in four lots at $97.36 per share, generating aggregate proceeds of approximately $994,045. These sales were reported on a Form 4 filed September 4, 2026.
Key Details
- Transaction date: 2026-09-03; All sales at $97.36 per share.
- 7,883 shares sold — $767,489
- 593 shares sold — $57,734
- 581 shares sold — $56,566
- 1,153 shares sold — $112,256
- Total shares sold: 10,210; Total proceeds: ~$994,045.
- Shares owned after the transaction: Not specified in the filing.
- Footnote: Sales were made under a Rule 10b5-1 trading plan adopted by Mr. Patrick on May 6, 2026.
- Filing timeliness: Transaction reported on Form 4 filed 2026-09-04 (the day after the trades); no late filing flag noted.
Context
- These were sales (S), not purchases; sales can be routine and do not necessarily indicate management sentiment about the company.
- The 10b5-1 plan note means the trades were pre‑arranged under a written plan, which often allows insiders to sell on a set schedule without active timing decisions.