STOCK TITAN

Trimble (TRMB) senior VP adds stock through RSU and performance awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Trimble Inc. senior vice president of transportation Christopher F. Keating reported equity compensation activity involving restricted stock units and performance-based awards. On April 15, 2026, he exercised derivative awards covering 5,767 restricted stock units, receiving an equal number of common shares at a conversion price of $0 per share.

He also received common stock grants of 7,334 and 2,444 shares, while the company retained 5,616 shares to satisfy tax withholding obligations at $66.51 per share, a non-market, non-discretionary disposition. The filing shows he directly holds about 10,494.03 shares of Trimble common stock after these transactions.

Positive

  • None.

Negative

  • None.
Insider Keating Christopher F
Role Sr. VP Transportation
Type Security Shares Price Value
Exercise Restricted Stock Unit 1,841 $0.00 --
Exercise Restricted Stock Unit 1,810 $0.00 --
Exercise Restricted Stock Unit 2,116 $0.00 --
Grant/Award Common Stock 7,334 $66.51 $488K
Tax Withholding Common Stock 2,389 $66.51 $159K
Grant/Award Common Stock 2,444 $66.51 $163K
Tax Withholding Common Stock 703 $66.51 $47K
Exercise Common Stock 1,841 $66.51 $122K
Tax Withholding Common Stock 806 $66.51 $54K
Exercise Common Stock 1,810 $66.51 $120K
Tax Withholding Common Stock 792 $66.51 $53K
Exercise Common Stock 2,116 $66.51 $141K
Tax Withholding Common Stock 926 $66.51 $62K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 7,899.03 shares (Direct)
Footnotes (1)
  1. Each Performance right (ARR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. . Each Performance right (TSR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2025.
RSUs exercised 5,767 shares Derivative exercises (M code) on April 15, 2026
Shares withheld for taxes 5,616 shares Tax withholding dispositions (F code) at $66.51 per share
Post-transaction holding 10,494.03 shares Common stock directly held after all reported transactions
Award grant price reference $66.51 per share Price used for common stock awards and tax withholding
Combined Attainment Factor 132.83% Determines performance right share payout
ARR performance 136.43% Component of Combined Attainment Factor for performance rights
Total Shareholder Return 102.24% Component of Combined Attainment Factor for performance rights
People & Planet modifier 3.87% Component of Combined Attainment Factor for performance rights
Restricted Stock Unit financial
"Each of these transactions involves a Restricted Stock Unit converting 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.
Performance right (ARR) financial
"Each Performance right (ARR) represented a contingent right to receive a share of common stock."
Combined Attainment Factor financial
"Trimble's Combined Attainment Factor of 132.83% determined the performance right payout."
Annual Recurring Revenue financial
"Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%."
Annual recurring revenue is the predictable amount of money a company expects to earn each year from ongoing customer subscriptions or contracts. It helps businesses understand how much steady income they can count on, much like a subscription service that charges customers every month or year. This figure is important because it shows the company's stability and growth potential.
Total Shareholder Return financial
"Combined Attainment Factor includes Total Shareholder Return of 102.24%."
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.
tax withholding obligations financial
"Shares were retained by the Company to meet the tax withholding obligations of the award-holder."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Keating Christopher F

(Last)(First)(Middle)
10368 WESTMOOR DRIVE

(Street)
WESTMINSTER COLORADO 80021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TRIMBLE INC. [ TRMB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. VP Transportation
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026A7,334(1)A$66.517,899.03D
Common Stock04/15/2026F2,389(2)D$66.515,510.03D
Common Stock04/15/2026A2,444(3)A$66.517,954.03D
Common Stock04/15/2026F703(2)D$66.517,251.03D
Common Stock04/15/2026M1,841A$66.519,092.03D
Common Stock04/15/2026F806D$66.518,286.03D
Common Stock04/15/2026M1,810A$66.5110,096.03D
Common Stock04/15/2026F792D$66.519,304.03D
Common Stock04/15/2026M2,116A$66.5111,420.03D
Common Stock04/15/2026F926D$66.5110,494.03D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit$004/15/2026M1,841 (4)04/15/2026Common Stock1,841$00D
Restricted Stock Unit$004/15/2026M1,810 (5)04/15/2027Common Stock1,810$01,810D
Restricted Stock Unit$004/15/2026M2,116 (6)04/15/2028Common Stock2,116$04,233D
Explanation of Responses:
1. Each Performance right (ARR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%.
2. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
3. . Each Performance right (TSR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%.
4. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023.
5. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024.
6. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2025.
Remarks:
/s/ Paul Rimas, Attorney-in-Fact04/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Trimble (TRMB) executive Christopher Keating report in this Form 4?

Christopher F. Keating reported equity compensation activity, not open-market trading. He exercised restricted stock units into common shares, received additional stock grants, and had shares withheld by Trimble to cover tax obligations related to these awards and vesting events.

How many Trimble (TRMB) restricted stock units did Christopher Keating exercise?

He exercised derivative awards covering 5,767 restricted stock units, each converting into one share of Trimble common stock at a conversion price of $0. These units reflect previously granted equity compensation that vested based on performance and time-based conditions.

How many Trimble (TRMB) shares were withheld for Christopher Keating’s taxes?

Trimble retained 5,616 common shares to satisfy Keating’s tax withholding obligations. These shares were withheld at $66.51 per share in connection with vesting of restricted stock awards, and the amount retained did not exceed the related tax liability.

What is Christopher Keating’s Trimble (TRMB) shareholding after these transactions?

Following the reported awards, exercises, and tax withholdings, Christopher F. Keating directly holds 10,494.03 shares of Trimble common stock. This total includes shares received from restricted stock unit exercises and grants, net of shares withheld for tax obligations.

How were Trimble (TRMB) performance rights for Christopher Keating determined?

Each performance right represented a contingent right to one share of common stock, based on a Combined Attainment Factor of 132.83%. This factor reflects Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24%, and a People & Planet modifier of 3.87%.

What are the vesting schedules for Christopher Keating’s Trimble (TRMB) restricted stock units?

Certain restricted stock units vest in equal 33.3% installments annually over three years. One award vests from a commencement date of April 15, 2023, another from April 15, 2024, and a third from April 15, 2025, subject to continued service and plan terms.