Itron (ITRI) exec's 329-share tax sale leaves 27,945 held
Itron (ITRI) reported that SVP Donald L. Reeves III sold 329 shares at $98.79 each to cover tax obligations from a restricted stock unit vesting. Reeves now holds 27,945 shares. The sale was automatic and not part of a Rule 10b5-1 plan.
How this was made
The 30-second read
Why it matters
The sale is routine tax withholding; no significant market impact expected.
Market read
Limited relevance; primarily informational for compliance monitoring.
What to watch
Potential upcoming compensation events or vesting schedules.
Background
Form 4 filing discloses insider transactions required by SEC regulations.
Ticker impact
Insider Donald L. Reeves III sold 329 ITRI shares at $98.79 to cover tax withholding, retaining 27,945 shares.
Minimal impact; price likely unchanged.
The transaction size ($33K) is negligible relative to market cap and is a routine tax withholding sale.
Market effects
No material effect on the utilities/technology sector.
None; isolated to ITRI.
None
Counterpoint
Even small insider sales can signal subtle concerns, but evidence is lacking.
Key entities
- individualDonald L. Reeves III
SVP, Outcomes at Itron, insider seller.
- companyItron, Inc.
Utility metering and data analytics company (ticker ITRI).


