Wright David Marshall, Vice President, Corporate Controller, and Chief Accounting Officer at Itron, Inc., has reported a significant personal transaction involving the gifting of shares. On October 29, 2026, he gifted 1,230 shares of Itron, Inc. common stock to his sons. This transaction is noteworthy as it showcases the personal financial decisions of a key executive within the company.
Itron, Inc., identified by the Central Index Key 0000780571, operates in the industrial applications and services sector, specifically focusing on instruments for measuring and testing electricity and electronic signals. The company is headquartered in Liberty Lake, Washington, and has a fiscal year ending on December 31.
According to the SEC filing (accession number 0000780571-26-000235), the transaction was categorized under Form 4, which is used to report changes in ownership of securities. The filing indicates that the gifted shares were classified as a disposition of ownership by Marshall, while he retains ownership of 7,441 shares following the transaction.
This transaction may primarily affect the personal financial landscape of Marshall and his family, as it involves the transfer of ownership to his sons. The filing also notes that Marshall disclaims beneficial ownership of the securities held by his sons, indicating that this gift does not imply any control over those shares.
The filing does not say what happens next regarding further transactions or any potential implications for Itron, Inc. itself.
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