David Marshall Wright, VP, Corporate Controller and Chief Accounting Officer of Itron, Inc., filed a Form 4 on August 24, 2026, disclosing the automatic sale of 58 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: David Marshall Wright, VP, Corp. Controller and CAO at Itron, Inc. (NASDAQ:ITRI)
  • Transaction date: August 20, 2026
  • Shares sold: 58 shares of common stock, disposed of (transaction code S)
  • Sale price: $97.8259 per share
  • Purpose: Shares were automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award, according to the filing
  • Remaining ownership: 8,747 shares of common stock held directly following the transaction

Wright's RSU Vesting Prompts Automatic Share Sale at Itron

According to the Form 4 filed with the SEC on August 24, 2026, David Marshall Wright, serving as Vice President, Corporate Controller and Chief Accounting Officer of Itron, Inc. (NASDAQ:ITRI), disposed of 58 shares of the company's common stock on August 20, 2026. The filing identifies the transaction code as "S" and records a sale price of $97.8259 per share.

The filing includes a footnote explaining that the sale was not a discretionary open-market transaction: "Represents shares automatically sold to cover tax withholding obligations associated with the vesting of a restricted stock unit award." This type of automatic withholding sale is a standard mechanism tied to equity compensation plan vesting events and is described as such in the filing.

Following the reported transaction, Wright directly holds 8,747 shares of Itron common stock, according to the filing. No derivative securities transactions were reported in Table II of the form. The form was signed by Christopher E. Ware as attorney-in-fact on behalf of Wright on August 24, 2026.

What Was Disclosed

Itron, Inc. officer David Marshall Wright reported the automatic sale of 58 common shares at $97.8259 on August 20, 2026, solely to satisfy tax withholding on a vesting restricted stock unit award, leaving him with 8,747 directly held shares.