Reeves Donald L. III 4

What Happened

• Donald L. Reeves III, Senior Vice President, Outcomes at ITRON, disposed of 5,419 shares in an open-market/private sale on 2026-02-19 at $99.54 per share, netting $539,399. The sale was executed to satisfy tax-withholding obligations connected to the vesting of performance-based restricted stock units.

Key Details

• Transaction date and price: 2026-02-19 — 5,419 shares at $99.54 each.
• Total proceeds reported: $539,399.
• Shares owned after transaction: not specified in this Form 4.
• Footnote: Sale represents shares automatically sold to cover tax withholding for vested performance-based RSUs (tax-withholding sale).
• Filing date: Form 4 filed 2026-02-23 (transaction reported for 2026-02-19).

Context

• This was a withholding-related sale tied to RSU vesting (routine tax-covering transaction), not a discretionary open‑market sell motivated by trading views. Such transactions are common when equity awards vest and generally don't signal insider sentiment on the company.