TRMB Form 4: Director Marks 4,928-Share Gift to Family Trust
Trimble Inc. (TRMB) Form 4: Director Mark S. Peek reported a gift of common stock on 09/19/2025.
Rhea-AI Filing Summary
Trimble Inc. (TRMB) Form 4: Director Mark S. Peek reported a gift of common stock on 09/19/2025. He disposed of 4,928 shares and transferred 4,928 shares to a family trust for the benefit of his children. After the reported transaction, Mr. Peek directly beneficially owned 87,589 shares and indirectly beneficially owned 4,928 shares through the family trust. The Form 4 was signed by an attorney-in-fact on 09/23/2025. No derivative transactions or prices other than $0 for the gift are reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider gift to a family trust; disclosure complies with Section 16 reporting.
The Form 4 documents a non-sales transfer: 4,928 Trimble shares were gifted to a family trust for the benefit of the director's children. The filing shows the director retains significant direct ownership (87,589 shares) and now has indirect ownership via the trust (4,928 shares). This is a standard estate-planning transfer and not a market disposition. Disclosure timing and signature by attorney-in-fact meet reporting form requirements.
TL;DR: No material economic disposition; transaction is a zero-price gift, limited market impact.
The reported transaction code indicates a gift (zero price) of 4,928 common shares on 09/19/2025, creating indirect ownership through a family trust. There are no accompanying sales, option exercises, or derivative changes. Given the size relative to total reported holdings, this filing does not indicate material insider selling or a change in governance control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 4,928 | $0.00 | $0.00 |
| Gift | Common Stock | 4,928 | $0.00 | $0.00 |
Footnotes (1)
- F1. Mr. Peek gifted shares to family trust for the benefit of Mr. Peek's children.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did TRMB director Mark S. Peek report on Form 4?
Was any cash consideration received in the reported transaction?
What is the stated reason for the transfer?
When was the Form 4 signed and by whom?
AI-generated analysis. How Rhea-AI works. Not financial advice.