Deitrich Thomas

Deitrich Thomas, President & CEO of Itron, Inc. (ITRI), has demonstrated a consistent pattern of selling company shares over the past two years, with no recent purchases recorded. Since early 2024, Thomas has executed 26 transactions exclusively involving ITRI, with total sales exceeding $15.1 million compared to just $1.6 million in buys—a nearly 10-to-1 sell-to-buy ratio by dollar value. The most significant disposals include a $5.58 million sale on February 19, 2026, and a $2.77 million transaction on February 20, 2025, with multiple six-figure sales occurring in concentrated periods. Notably, 16 of these sales occurred in the most recent reporting window from February 2026, totaling over $6 million in aggregate value. Thomas’s trading activity shows a clear directional trend, with all recent transactions being sales—many executed in sequential blocks. For example, between February 26-28, 2024, he sold shares worth approximately $300,000 per day across multiple filings. The transactions include a mix of open-market sales (code "S") and dispositions through derivative transactions (code "M"), such as the $1.22 million and $299,939.94 sales in early 2025 and March 2024, respectively. While some filings reflect awards (code "A") with no immediate market impact, the overwhelming majority of Thomas’s activity has been monetization rather than accumulation of ITRI shares. The absence of any buys since at least 2024 suggests a sustained reduction in his equity position in the company.