Thomas Deitrich - 04 Jun 2025 Form 4 Insider Report for ITRON, INC. (ITRI)

Signature
/s/ Christopher E. Ware, attorney-in-fact
Issuer symbol
ITRI
Transactions as of
04 Jun 2025
Transactions value $
-$2,824,928
Form type
4
Filing time
05 Jun 2025, 15:13:56 UTC
Previous filing
28 May 2025
Next filing
09 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Deitrich Thomas President & CEO, Director 2111 N. MOLTER ROAD, LIBERTY LAKE /s/ Christopher E. Ware, attorney-in-fact 05 Jun 2025 0001417291

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITRI Common Stock Options Exercise $1.42M +35.5K +13.53% $40.05 297K 04 Jun 2025 Direct
transaction ITRI Common Stock Sale -$3.8M -31.8K -10.67% $119.66 266K 04 Jun 2025 Direct F1, F2
transaction ITRI Common Stock Sale -$446K -3.71K -1.4% $120.16 262K 04 Jun 2025 Direct F1, F3
holding ITRI Common Stock 25K 04 Jun 2025 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 -35.5K -93.42% $0.00 2.5K 04 Jun 2025 Common Stock 35.5K $40.05 Direct F4, F5
* 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 March 4, 2025.
F2 Represents weighted average sale price. Shares were sold in multiple transactions at prices ranging from $119.2650 to $119.9950, 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 $120.0050 to $120.4800, 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 number of options exercised under a Rule 10b5-1 Trading Plan adopted by Mr. Deitrich on March 4, 2025.
F5 This option became fully vested on February 24, 2019.