ITRON, INC. — Director's Dealing 2025

Jun 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ITRON, INC. (ITRI)
CIK: 0000780571
Period of Report: 2025-06-04

Reporting Person: Deitrich Thomas (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-06-04	Common Stock	M	35461	$40.05	Acquired	297489	Direct
2025-06-04	Common Stock	S	31751	$119.6602	Disposed	265738	Direct
2025-06-04	Common Stock	S	3710	$120.1645	Disposed	262028	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-06-04	Stock Option (Right to Buy)	$40.05	M	35461	Disposed	2026-02-24	Common Stock (35461)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25000	Indirect

Footnotes

F1: Represents number of shares sold under a Rule 10b5-1 Trading Plan adopted by Mr. Deitrich on March 4, 2025.

F2: Represents weighted average sale price. Shares were sold in multiple transactions at prices ranging from $119.2650 to $119.9950, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.

F3: Represents weighted average sale price. Shares were sold in multiple transactions at prices ranging from $120.0050 to $120.4800, inclusive. Reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges specified.

F4: Represents number of options exercised under a Rule 10b5-1 Trading Plan adopted by Mr. Deitrich on March 4, 2025.

F5: This option became fully vested on February 24, 2019.