Trimble (NASDAQ: TRMB) director granted 4,725 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lloyd Meaghan reported acquisition or exercise transactions in this Form 4 filing.
TRIMBLE INC. director Meaghan Lloyd reported an equity compensation award in the form of restricted stock units. On May 26, 2026, Lloyd received 4,725 restricted stock units, each representing a contingent right to receive one share of Trimble common stock. All 4,725 units are scheduled to vest 12 months after the vesting commencement date of May 26, 2026, and Lloyd’s total directly held restricted stock units following this grant is 4,725.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lloyd Meaghan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4,725 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,725 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock. 100% of these restricted stock units will vest 12 months from vest commencement date of May 26, 2026.
Key Figures
RSUs granted: 4,725 units
Post-grant RSU holdings: 4,725 units
Grant price: $0.00 per unit
+2 more
5 metrics
RSUs granted
4,725 units
Restricted stock units granted on May 26, 2026
Post-grant RSU holdings
4,725 units
Total restricted stock units following the transaction
Grant price
$0.00 per unit
Reported transaction price per restricted stock unit
Vesting schedule
100% after 12 months
Vests 12 months from vest commencement date of May 26, 2026
Underlying shares
4,725 shares
Each RSU represents one share of Trimble common stock
Key Terms
Restricted Stock Unit, contingent right, vest, grant, award, or other acquisition
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock."
vest financial
"100% of these restricted stock units will vest 12 months from vest commencement date of May 26, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did TRIMBLE INC. (TRMB) director Meaghan Lloyd report?
Director Meaghan Lloyd reported receiving 4,725 restricted stock units as an equity award. These units are a form of stock-based compensation that convert into Trimble common shares once vesting conditions are met, aligning her interests with shareholders over time.
How many restricted stock units did Meaghan Lloyd receive from TRIMBLE INC. (TRMB)?
Meaghan Lloyd received 4,725 restricted stock units from Trimble Inc. This entire amount represents new equity compensation, bringing her directly held restricted stock unit position to 4,725 units immediately following the reported grant transaction.
When do Meaghan Lloyd’s TRIMBLE INC. (TRMB) restricted stock units vest?
All 4,725 restricted stock units are scheduled to vest 12 months after the vesting commencement date of May 26, 2026. Full vesting after one year means Lloyd must remain eligible through that period to receive the underlying Trimble common shares.
What does each restricted stock unit granted to Meaghan Lloyd by TRIMBLE INC. (TRMB) represent?
Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock. The units do not convert into shares until vesting is satisfied, making them a deferred form of equity compensation rather than an immediate stock purchase.