TRMB insider Peter Large executes option exercises and 10b5-1 sales

Rhea-AI Filing Summary

Peter Large, a Senior Vice President at Trimble Inc. (TRMB), reported a sequence of option exercises and share transactions dated 08/27/2025 executed under a Rule 10b5-1 plan. He exercised 1,673 employee stock options with an exercise price of $49.90 and 503 options at $63.47, converting those options into common shares. Concurrently, Mr. Large sold blocks of shares: 500, 1,673, and 503 shares at $81.55 (the 500/1,673/503 sales) and reported acquisitions at $49.90 and $63.47. Post-transactions, reported beneficial ownership figures shown on the form include 16,415.4966, 16,918.4966, and 18,088.4966 common shares in various lines of the report. The filing also discloses that the exercised options vest 33.3% annually over three years from their stated vesting start dates.

Positive

• Transactions executed under a Rule 10b5-1 plan, reducing concerns about opportunistic insider timing
• Vesting schedule disclosed for exercised options (33.3% annually), improving transparency on future share issuance

Negative

• Insider sold shares (500, 1,673, and 503 share blocks), which reduces the reporting person's immediate ownership
• Multiple sales and exercises on the same date may complicate simple interpretation of insider sentiment

Insights

Financial Analyst

TL;DR: Routine option exercises and planned sales under a 10b5-1 plan; no obvious material change to ownership stake.

The transactions reflect option exercises at $49.90 and $63.47 and simultaneous sales at $81.55, consistent with an automated Rule 10b5-1 plan. The exercises increase share count from vested options while the documented sales reduce immediate share holdings. Reported beneficial ownership lines vary but do not indicate a complete divestiture. This appears to be scheduled, non-discretionary insider activity rather than an ad hoc decision, limiting immediate governance or market-signal implications.

Corporate Governance Expert

TL;DR: Use of a 10b5-1 plan and clear vesting schedules reduces concerns about opportunistic insider timing.

The filing explicitly states the sales were effected pursuant to a Rule 10b5-1 sale plan, which is a standard compliance mechanism to provide an affirmative defense to insider trading claims. The disclosure of vesting terms (33.3% annually over three years) for the exercised options improves transparency about future potential share issuances. From a governance perspective, these are routine, documented transactions that follow internal compliance protocols.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Large Peter

(Last) (First) (Middle)

C/O TRIMBLE INC.

10368 WESTMOOR DR

(Street)

WESTMINSTER CO 80021

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TRIMBLE INC. [ TRMB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/27/2025		S		500(1)	D	$81.55	16,415.4966	D
Common Stock	08/27/2025		M		1,673	A	$49.9	18,088.4966	D
Common Stock	08/27/2025		S		1,673(1)	D	$81.55	16,415.4966	D
Common Stock	08/27/2025		M		503	A	$63.47	16,918.4966	D
Common Stock	08/27/2025		S		503(1)	D	$81.55	16,415.4966	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option	$49.9	08/27/2025		M			1,673	(2)	04/15/2033	Common Stock	1,673	$0	8,453	D
Employee Stock Option	$63.47	08/27/2025		M			503	(3)	04/15/2034	Common Stock	503	$0	5,529	D

Explanation of Responses:

1. The sale was effected by Mr. Large pursuant to a rule 10b5-1 sale plan effective May 29, 2025

2. 33.3% of these Employee Stock Options will vest annually over a 3 year period from vesting start date of April 15, 2023.

3. 33.3% of these Employee Stock Options will vest annually over a 3 year period from vesting start date of April 15, 2024.

Remarks:

	/s/ Paul Rimas, as Attorney-in-Fact	08/29/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transactions did TRMB insider Peter Large report on Form 4?

He reported exercising 1,673 options at $49.90 and 503 options at $63.47, and selling 500, 1,673, and 503 shares on 08/27/2025.

Were the sales by the TRMB insider part of a trading plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 sale plan effective May 29, 2025.

How many shares does Peter Large beneficially own after these transactions?

The Form 4 shows reported beneficial ownership figures including 16,415.4966, 16,918.4966, and 18,088.4966 common shares on different reported lines.

What are the vesting terms for the exercised employee stock options?

The filing discloses that each option grant vests 33.3% annually over three years from their respective vesting start dates.

Do these disclosures indicate any amendment or joint filing?

The form indicates it was filed by one reporting person and does not show an amendment date.