Itron (ITRI) exec’s tax-withholding sale leaves 32,275 shares
Itron (ITRI) reported that its SVP, Device Solutions, Patrick Justin K, sold 222 shares of common stock at $98.79 per share to cover tax withholding obligations from a restricted stock unit vesting. He now holds 32,275 shares.
How this was made
The 30-second read
Why it matters
The disclosed sale is routine and unlikely to move the stock.
Market read
Minor insider transaction with negligible trading relevance.
What to watch
The executive's large remaining stake (32,275 shares) suggests continued confidence.
Background
Form 4 filing discloses insider transactions required by SEC regulations.
Ticker impact
SVP Patrick Justin K sold 222 ITRI shares at $98.79 to cover tax withholding, holding 32,275 shares after the sale.
little to no price movement
The transaction size is trivial relative to market cap and is a routine tax withholding sale.
Market effects
None; the sale does not affect the utility metering sector.
None; limited to a single insider transaction.
None; no broader market effect.
Counterpoint
Even small insider sells can signal lack of confidence, but here the sale is purely tax‑related.
Key entities
- CompanyItron, Inc.
US‑listed provider of smart utility solutions.
- ExecutivePatrick Justin K
SVP, Device Solutions at Itron.


