Trimble Board Member Mark Peek Granted Stock Awards Worth Over $200K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trimble director Mark S. Peek 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.
Key details of the RSU grant:
- Conversion price: $0
- Vesting schedule: 100% vesting on June 17, 2026 (12-month cliff vesting)
- Ownership type: Direct
This Form 4 filing, submitted by Paul Rimas as attorney-in-fact on June 20, 2025, discloses the equity-based compensation awarded to Peek as part of his role as a director. The one-year vesting period aligns with typical board compensation practices and serves to retain director talent while aligning their interests with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PEEK MARK S
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
What insider transaction occurred at TRMB on June 17, 2025?
Director Mark S. Peek was granted 3,974 Restricted Stock Units (RSUs) of Trimble Inc. (TRMB) on June 17, 2025. Each RSU represents a contingent right to receive one share of Trimble common stock.
When do Mark Peek's TRMB RSUs vest?
The 3,974 RSUs granted to Mark Peek will vest 100% on June 17, 2026, which is 12 months from the vest commencement date of June 17, 2025.
What is the exercise price of TRMB RSUs granted to Mark Peek?
The Restricted Stock Units were granted with an exercise price of $0, as each RSU automatically converts to one share of Trimble common stock upon vesting without requiring payment.
Who is Mark S. Peek at TRMB?
Mark S. Peek serves as a Director on Trimble Inc.'s Board of Directors, as indicated by the 'X' marked under the Director relationship field in the Form 4 filing.
How many TRMB derivative securities does Mark Peek own after this transaction?
Following this transaction, Mark Peek directly owns 3,974 derivative securities (Restricted Stock Units) of Trimble Inc., as reported in column 9 of Table II in the Form 4.