Itron (ITRI) CEO logs small 862-share tax-withholding stock sale, holds 368,679 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ITRON, INC. President & CEO Thomas Deitrich reported a small disposition of company stock tied to equity compensation. On May 26, 2026, 862 shares of common stock were sold at $84.3667 per share to cover tax withholding obligations from a vesting restricted stock unit award, according to the footnote. This was not a discretionary open-market sale for portfolio reasons but a mechanistic tax payment. After the transaction, Deitrich directly owned 368,679 common shares, and a separate indirect holding entry shows 25,000 shares held by a trust. The filing therefore reflects a routine, small tax-related share disposition while the CEO maintains a substantial continuing equity stake in Itron.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 862 shares ($72,724)
Net Sell
2 txns
Insider
Deitrich Thomas
Role
President & CEO
Sold
862 shs ($73K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 862 | $84.3667 | $73K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 368,679 shares (Direct, null);
Common Stock — 25,000 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares sold for tax withholding: 862 shares
Sale price per share: $84.3667 per share
Direct holdings after transaction: 368,679 shares
+2 more
5 metrics
Shares sold for tax withholding
862 shares
Common Stock, transaction on May 26, 2026
Sale price per share
$84.3667 per share
Automatic sale to cover RSU tax withholding
Direct holdings after transaction
368,679 shares
Common Stock directly owned by CEO after sale
Indirect trust holdings
25,000 shares
Common Stock held indirectly by trust
Net shares sold
862 shares
Net-sell direction per transaction summary
Key Terms
restricted stock unit award, tax withholding obligations, Common Stock, indirect
4 terms
restricted stock unit award financial
"vesting of a restricted stock unit award."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"sold to cover tax withholding obligations associated with the vesting"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect financial
""ownership_type": "indirect""
FAQ
What insider transaction did Itron (ITRI) report for CEO Thomas Deitrich?
Itron reported that CEO Thomas Deitrich had 862 common shares sold on May 26, 2026. The filing notes these shares were sold automatically to satisfy tax withholding obligations from a vesting restricted stock unit award, rather than a discretionary portfolio sale.
Was the Itron (ITRI) CEO’s Form 4 transaction an open-market sale?
The Form 4 lists the transaction with a sale code, but the footnote explains the 862 shares were automatically sold to cover tax withholding on RSU vesting. This characterizes the event as a routine tax-related disposition, not a discretionary open-market stock sale.
Does the Itron (ITRI) Form 4 indicate any derivative or option exercises?
The insider report for CEO Thomas Deitrich shows no derivative transactions or option exercises. The transaction summary lists zero derivative exercises, with activity limited to the 862-share tax-withholding sale and a separate holding entry for shares owned indirectly by a trust.
What is the nature of the indirect Itron (ITRI) holdings reported for the CEO?
The Form 4 includes a holding entry showing 25,000 Itron common shares owned indirectly with a nature of ownership described as “By Trust”. This indicates an additional trust-held stake separate from CEO Thomas Deitrich’s directly owned 368,679 shares after the transaction.