Borje Ekholm (TRMB) exercises RSUs, now holds 65,608 Trimble shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRIMBLE INC. director Borje Ekholm exercised restricted stock units into common shares. He acquired 3,974 shares of common stock through the conversion of 3,974 restricted stock units, which carried a stated value of $50.78 per share.
Following this equity award vesting, Ekholm directly holds 65,608 shares of Trimble common stock. The underlying restricted stock units were structured to vest 12 months from the vesting commencement date of June 17, 2025, and this filing reflects their full conversion into common shares without any reported share sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,974 shares exercised/converted
Mixed
2 txns
Insider
EKHOLM BORJE
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 — 65,608 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU shares exercised: 3,974 shares
Stated value per share: $50.78 per share
Shares held after transaction: 65,608 shares
3 metrics
RSU shares exercised
3,974 shares
Restricted stock units converted to common stock
Stated value per share
$50.78 per share
Value associated with RSU conversion
Shares held after transaction
65,608 shares
Director’s direct Trimble common stock holdings post-transaction
Key Terms
Restricted Stock Unit, derivative security, vest commencement date
3 terms
Restricted Stock Unit financial
"The filing shows 3,974 restricted stock units converted into 3,974 shares"
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 security financial
"The transaction was recorded as an exercise or conversion of a 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.
vest commencement date financial
"100% vest 12 months from the vest commencement date of June 17, 2025"
FAQ
What insider transaction did Borje Ekholm report at Trimble (TRMB)?
Borje Ekholm reported exercising 3,974 restricted stock units into 3,974 shares of Trimble common stock. This compensation-related equity conversion increased his direct holdings and did not involve any reported open-market share sales in the disclosed transaction.
What was the size of the RSU conversion reported for Trimble (TRMB)?
The filing shows 3,974 restricted stock units converted into 3,974 shares of Trimble common stock. The units carried a stated value of $50.78 per share, and the transaction was recorded as an exercise or conversion of a derivative security.
How are the Trimble (TRMB) restricted stock units structured in this grant?
The restricted stock units in this grant are scheduled so that 100% vest 12 months from the vest commencement date of June 17, 2025. The Form 4 reflects their conversion into an equal number of Trimble common shares at vesting.