Trimble (TRMB) director converts 3,974 RSUs into common stock, holding 19,144 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRIMBLE INC. director Gabriel Kaigham exercised restricted stock units into common shares. On June 17, 2026, 3,974 restricted stock units converted into 3,974 shares of common stock at a stated conversion price of $0.00 per unit. Following the transaction, Kaigham directly holds 19,144 shares of Trimble common stock. The derivative position from these specific units is now fully settled, with no remaining restricted stock units from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,974 shares exercised/converted
Mixed
2 txns
Insider
Gabriel Kaigham
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,974 | $0.00 | -- |
| Exercise | Common Stock | 3,974 | $50.78 | $202K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 19,144 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 3,974 units
Shares received: 3,974 shares
Post-transaction holdings: 19,144 shares
+2 more
5 metrics
RSUs exercised
3,974 units
Restricted stock units converted on June 17, 2026
Shares received
3,974 shares
Common stock issued from RSU conversion
Post-transaction holdings
19,144 shares
Common stock held directly after transaction
Stated conversion price
$0.00 per unit
Conversion/exercise price for restricted stock units
Exercise transactions
1 event
Derivative exercise count in transaction summary
Key Terms
Restricted Stock Unit, derivative exercise/conversion, derivative security
3 terms
Restricted Stock Unit financial
"The filing reports a transaction in "Restricted Stock Unit" that converted into common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative exercise/conversion financial
"The transaction_action field describes the event as a "derivative exercise/conversion"."
derivative security financial
"The transaction_code_description notes an "Exercise or conversion of derivative security"."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did Trimble (TRMB) director Gabriel Kaigham report?
Director Gabriel Kaigham reported exercising 3,974 restricted stock units into 3,974 shares of Trimble common stock. This was recorded as a derivative exercise, not an open-market purchase or sale, and reflects the settlement of equity compensation previously granted.
How many derivative exercises did Trimble (TRMB) director Kaigham report in this filing?
The filing shows one derivative exercise event involving 3,974 restricted stock units tied to Trimble common stock. This single event appears as both a derivative transaction and the corresponding issuance of non-derivative common shares in the Form 4 data.