Trimble executive gains shares via RSU vesting
Trimble Inc. senior vice president of transportation Christopher F. Keating reported equity compensation activity involving restricted stock units and performance-based awards.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,841 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 1,810 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 2,116 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 7,334 | $66.51 | $488K |
| Exercise Price or Tax Liability | Common Stock | 2,389 | $66.51 | $159K |
| Grant/Award | Common Stock | 2,444 | $66.51 | $163K |
| Exercise Price or Tax Liability | Common Stock | 703 | $66.51 | $47K |
| Exercise | Common Stock | 1,841 | $66.51 | $122K |
| Exercise Price or Tax Liability | Common Stock | 806 | $66.51 | $54K |
| Exercise | Common Stock | 1,810 | $66.51 | $120K |
| Exercise Price or Tax Liability | Common Stock | 792 | $66.51 | $53K |
| Exercise | Common Stock | 2,116 | $66.51 | $141K |
| Exercise Price or Tax Liability | Common Stock | 926 | $66.51 | $62K |
Footnotes (6)
- F1. 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%.
- F2. 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.
- F3. . 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%.
- F4. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023.
- F5. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024.
- F6. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2025.
Key Figures
Key Terms
Restricted Stock Unit financial
Performance right (ARR) financial
Combined Attainment Factor financial
Annual Recurring Revenue financial
tax withholding obligations financial
FAQ
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What did Trimble (TRMB) executive Christopher Keating report in this Form 4?
How many Trimble (TRMB) restricted stock units did Christopher Keating exercise?
How were Trimble (TRMB) performance rights for Christopher Keating determined?
What are the vesting schedules for Christopher Keating’s Trimble (TRMB) restricted stock units?
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