---
title: Eight Itron Insiders Sell $9.9M in ITRI Stock — CEO Deitrich Leads with $5.58M
type: news
slug: itron-8-insiders-sell-10m-itri-ceo-leads-5-6m-feb-2026
canonical_url: https://13finsight.com/news/itron-8-insiders-sell-10m-itri-ceo-leads-5-6m-feb-2026
published_at: 2026-02-28T20:12:24.619Z
updated_at: 2026-02-28T20:12:26.065Z
author: Alex Rivera
author_title: Breaking News Editor
author_url: https://13finsight.com/authors/alex-rivera
word_count: 446
locale: en
source: 13F Insight
---

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

> Eight Itron executives sold a combined $9.87M in ITRI stock between Feb 19-24, with CEO Thomas Deitrich's $5.58M sale representing 57% of the total insider selling.

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.

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Source: 13F Insight — https://13finsight.com/news/itron-8-insiders-sell-10m-itri-ceo-leads-5-6m-feb-2026
Author: Alex Rivera — https://13finsight.com/authors/alex-rivera
Last updated: 2026-02-28T20:12:26.065Z