Trimble Board Member Gets $200K+ in Stock Awards with 1-Year Vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trimble director Thomas W Sweet received a grant of 3,974 Restricted Stock Units (RSUs) on June 17, 2025. The RSUs represent the right to receive an equivalent number of Trimble common stock shares upon vesting.
Key details of the RSU grant:
- Vesting Schedule: 100% vesting occurs on June 17, 2026 (12-month cliff vesting)
- Exercise Price: $0
- Total RSUs Beneficially Owned Post-Transaction: 3,974
- Ownership Form: Direct
This Form 4 filing represents a standard director equity compensation grant, which aligns the director's interests with those of shareholders through a one-year holding requirement. The transaction was reported within the required timeline, filed on June 20, 2025, through an attorney-in-fact.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sweet Thomas W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,974 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 3,974 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock. 100% of these restricted stock units will vest 12 months from vest commencement date of June 17, 2025.
FAQ
How many Restricted Stock Units (RSUs) did Thomas Sweet receive from TRMB on June 17, 2025?
Thomas Sweet, a Director at Trimble Inc. (TRMB), received 3,974 Restricted Stock Units on June 17, 2025.
When will Thomas Sweet's TRMB RSUs vest?
The RSUs will vest 100% on June 17, 2026, which is 12 months from the vest commencement date of June 17, 2025.
What is the conversion price of TRMB RSUs granted to Thomas Sweet?
The conversion price of the RSUs is $0, as each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock.
What position does Thomas Sweet hold at TRMB according to the Form 4?
According to the Form 4 filing, Thomas Sweet serves as a Director at Trimble Inc. (TRMB), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
Who signed this Form 4 filing for TRMB?
The Form 4 was signed by Paul Rimas as Attorney-in-Fact on June 20, 2025, three days after the transaction date.