Donald L. Reeves III, Senior Vice President of Outcomes at Itron, Inc., filed a Form 4 on August 24, 2026, reporting the automatic sale of 286 shares of common stock on August 20, 2026, to cover tax withholding obligations tied to a vesting restricted stock unit award.

Key Highlights

  • Reporting person: Donald L. Reeves III, SVP, Outcomes at Itron, Inc. (NASDAQ:ITRI)
  • Transaction date: August 20, 2026
  • Shares disposed: 286 shares of common stock sold at $97.8259 per share
  • Purpose: Shares were automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award
  • Remaining ownership: 28,521 shares of common stock held directly following the transaction
  • Transaction code: S (sale), filed by one reporting person

Itron SVP Reeves Reports RSU Vest-Related Share Sale

According to the Form 4 filed with the U.S. Securities and Exchange Commission, Donald L. Reeves III, identified in the filing as SVP, Outcomes of Itron, Inc. (NASDAQ:ITRI), disposed of 286 shares of Itron common stock on August 20, 2026. The filing notes that the transaction carries code "S" and that the shares were sold at a price of $97.8259 each. The filing explains in its footnote that the disposal "represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award."

This type of transaction, as described in the filing, is a sell-to-cover arrangement triggered by the vesting of equity compensation rather than an open-market discretionary sale. Following the reported transaction, Reeves held 28,521 shares of Itron common stock directly, according to the filing. No derivative securities transactions were reported in Table II of the form.

The Form 4 was signed by Christopher E. Ware as attorney-in-fact and was filed on August 24, 2026, with the date of earliest transaction listed as August 20, 2026. The filing was submitted as an individual filing by one reporting person.

What Was Disclosed

The filing disclosed a single disposition of 286 shares of Itron common stock by SVP Donald L. Reeves III at $97.8259 per share on August 20, 2026, automatically executed to satisfy tax withholding obligations upon RSU vesting, leaving him with 28,521 directly held shares.