ITERIS, INC.: insider trades · United States · SEC (Form 4)

About ITERIS, INC.

Iteris, Inc. is a U.S.-based mobility technology company that was historically listed on the NASDAQ market in the United States (United States) under the ticker ITI. The company built its reputation in traffic management and intelligent transportation infrastructure, serving public agencies, transportation departments, and selected private-sector customers. Its headquarters are in Austin, Texas, although the business has long had roots and operational ties to California. Iteris’ core positioning is centered on “smart mobility infrastructure management.” Its flagship ClearMobility® platform combines cloud-enabled software, sensors, analytics, and professional services to monitor, visualize, and optimize transportation networks. The company’s main activity lines include advanced detection systems for signalized intersections, traffic signal design and synchronization, traffic analytics, decision-support tools, and consulting and engineering services related to transportation planning and operations. Iteris also states that it has designed, deployed, or equipped more than one third of all signalized intersections in the United States, which highlights both its installed base and the scale of its footprint in the road-infrastructure market. From a competitive perspective, Iteris sits at the intersection of industrial IoT, transportation software, and public-sector engineering services. Its differentiation has historically come from combining proprietary data, embedded hardware, recurring software capabilities, and long-standing relationships with government customers. The company’s solutions are primarily sold in the United States, with some international reach through specific contracts, partners, and deployments. The addressable market is attractive because cities and transportation agencies face persistent pressure to improve safety, reduce congestion, and make infrastructure more sustainable. Recent developments are important for investors. In 2024, Iteris announced and then completed its acquisition by Almaviva S.p.A. Following the closing on November 1, 2024, Iteris’ common stock ceased trading on NASDAQ and the company is no longer listed on a public market. That corporate event materially changes how the name should be viewed in an equity research context: it is no longer an active listed equity, but rather a mobility infrastructure asset that was taken private. Prior to the transaction, Iteris had reported revenue growth, margin improvement, and new partnerships, reinforcing its strategic relevance in the intelligent transportation infrastructure space.