Eight Itron Insiders Sell $9.9M in ITRI Stock — CEO Deitrich Leads with $5.58M

Eight Itron executives sold a combined $9.87 million in ITRI stock between February 19 and 24, 2026. CEO Thomas Deitrich led the pack with a $5.58 million sale — 56,095 shares at $99.54 — representing 57% of all insider proceeds.

The breadth is remarkable: CEO, CFO, General Counsel, and five other SVPs all selling within the same five-day window. When eight out of eight executives sell simultaneously, the signal carries weight.

The Full C-Suite Sell

Insider	Title	Value	Shares After	Career Sales
Thomas Deitrich	President & CEO	$5.58M	375,134	$32.3M
Joan Hooper	SVP & CFO	$1.61M	121,808	$3.9M
John Marcolini	SVP, Networked Solutions	$0.69M	26,912	$3.0M
Donald Reeves III	SVP, Outcomes	$0.65M	32,069	$3.9M
Jeffrey Housman	SVP, HR	$0.37M	33,679	$0.2M
Justin Patrick	SVP, Device Solutions	$0.49M	34,344	$1.7M
Christopher Ware	SVP, GC & Corp. Secretary	$0.45M	31,806	$0.4M
David Wright	VP, Corp. Controller & CAO	$0.03M	9,124	$0.1M
Total: 8 insiders				$9.87M

CEO's $32M Career Selling

Thomas Deitrich has sold $32.3 million in ITRI stock over his tenure as CEO. His latest $5.58M sale on Feb 19 reduced his position by roughly 13%, leaving him with 375,134 shares worth approximately $37.3 million at current prices. That remaining stake still represents meaningful skin in the game.

CFO Hooper Sold Across Two Days

Joan Hooper, Itron's CFO, sold in two tranches: 15,293 shares at $99.54 on Feb 19, then another 962 shares at $94.81 on Feb 24. The second sale came at a 4.7% lower price — suggesting the first sale may have been plan-based while the second was discretionary, or the stock simply declined in the interim.

Everyone Sold at ~$100

Most transactions executed near the psychologically significant $100 per share level. ITRI crossed $100 in mid-February for the first time in months, and the entire management team appears to have used that milestone as a selling trigger:

• Feb 19 (7 sellers): All at $99.54 — likely same 10b5-1 plan trigger
• Feb 20 (2 sellers): Reeves and Wright at $100.17 — just above the round number
• Feb 24 (1 seller): Hooper at $94.81 — stock already pulling back

What It Means for ITRI Investors

When every senior executive sells within a five-day window, it typically means one of two things: coordinated 10b5-1 plans triggered by a price target, or a collective judgment that the stock is fairly valued. Either interpretation suggests the ITRI leadership team views $100 as a level worth taking profits — not a floor to buy from.

The $9.87M total is meaningful for a company with Itron's $4.5 billion market cap. Combined with the 100% participation rate from the C-suite, this is one of the more comprehensive insider selling events of February 2026.