Thomas Deitrich - 01 Oct 2024 Form 4 Insider Report for ITRON, INC. (ITRI)

Role
President & CEO, Director
Signature
/s/ Christopher E. Ware, attorney-in-fact
Issuer symbol
ITRI
Transactions as of
01 Oct 2024
Net transactions value
-$2,613,623
Form type
4
Filing time
03 Oct 2024, 12:23:03 UTC
Previous filing
28 Aug 2024
Next filing
26 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITRI Common Stock Options Exercise $1,317,375 +37,500 +18% $35.13 242,776 01 Oct 2024 Direct
transaction ITRI Common Stock Sale $41,593 -400 -0.16% $103.98 242,376 01 Oct 2024 Direct F1, F2
transaction ITRI Common Stock Sale $2,616,910 -25,013 -10% $104.62 217,363 01 Oct 2024 Direct F1, F3
transaction ITRI Common Stock Sale $1,272,495 -12,087 -5.6% $105.28 205,276 01 Oct 2024 Direct F1, F4
holding ITRI Common Stock 25,000 01 Oct 2024 By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ITRI Stock Option (Right to Buy) Options Exercise $0 -37,500 -50% $0.000000 37,741 01 Oct 2024 Common Stock 37,500 $35.13 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents number of shares sold under a Rule 10b5-1 Trading Plan adopted by Mr. Deitrich on May 6, 2025.
F2 Represents weighted average sale price. Shares were sold in multiple transactions at prices ranging from $103.970 to $103.995, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.
F3 Represents weighted average sale price. Shares were sold in multiple transactions at prices ranging from $104.020 to $105.000, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.
F4 Represents weighted average sale price. Shares were sold in multiple transactions at prices ranging from $105.010 to $105.910, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.
F5 Represents number of options exercised under a Rule 10b5-1 Trading Plan adopted by Mr. Deitrich on May 6, 2025.
F6 This option became fully vested on December 10, 2018.