STOCK TITAN

Trimble (TRMB) SVP Bisio details RSU vesting, stock grants and tax share withholdings

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

Rhea-AI Filing Summary

Trimble Inc. senior vice president Ronald Bisio reported routine equity compensation activity involving restricted stock units and related common shares. On April 15, 2026, he exercised performance-based and time-based restricted stock units to acquire a total of 14,304 shares of common stock, reflecting vested awards.

He also received new grants of common stock totaling 18,252 shares at a reference price of $66.51 per share. In connection with these vestings, the company retained 13,642 shares to satisfy tax withholding obligations, rather than executing open-market sales. Following these transactions, Bisio directly held 105,317 shares of Trimble common stock.

Footnotes indicate that performance rights (ARR and TSR) paid out based on a Combined Attainment Factor of 132.83%, including Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24%, and a People & Planet modifier of 3.87%. Certain restricted stock units vest in equal annual installments over three years from April 15, 2023, 2024, and 2025.

Positive

  • None.

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Insider Bisio Ronald
Role Sr. Vice President
Type Security Shares Price Value
Exercise Restricted Stock Unit 3,436 $0.00 --
Exercise Restricted Stock Unit 5,790 $0.00 --
Exercise Restricted Stock Unit 5,078 $0.00 --
Grant/Award Common Stock 13,689 $66.51 $910K
Tax Withholding Common Stock 5,989 $66.51 $398K
Grant/Award Common Stock 4,563 $66.51 $303K
Tax Withholding Common Stock 1,729 $66.51 $115K
Exercise Common Stock 3,436 $66.51 $229K
Tax Withholding Common Stock 1,423 $66.51 $95K
Exercise Common Stock 5,790 $66.51 $385K
Tax Withholding Common Stock 2,398 $66.51 $159K
Exercise Common Stock 5,078 $66.51 $338K
Tax Withholding Common Stock 2,103 $66.51 $140K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 100,092 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.
RSU exercises 14,304 shares Shares acquired by exercising derivative awards on April 15, 2026
New stock grants 18,252 shares Common stock awards at $66.51 reference price
Tax withholding shares 13,642 shares Shares retained by Trimble to cover tax obligations
Post-transaction holdings 105,317 shares Direct Trimble common stock held after transactions
Reference share price $66.51 per share Price used for grants and tax-withholding calculations
Combined Attainment Factor 132.83% Determines payout for performance rights (ARR and TSR)
ARR performance 136.43% Annual Recurring Revenue component of performance metric
TSR performance 102.24% Total Shareholder Return component of performance metric
Restricted Stock Unit financial
"33.3% of these restricted stock units will vest annually over a 3 year period"
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"
Performance right (TSR) financial
"Each Performance right (TSR) represented a contingent right to receive a share of common stock"
Combined Attainment Factor financial
"based upon Trimble's Combined Attainment Factor of 132.83%"
Total Shareholder Return financial
"Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%"
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.
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*
Bisio Ronald

(Last)(First)(Middle)
C/O TRIMBLE INC.
10368 WESTMOOR DR

(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. Vice President
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 Stock04/15/2026A13,689(1)A$66.51100,092D
Common Stock04/15/2026F5,989(2)D$66.5194,103D
Common Stock04/15/2026A4,563(3)A$66.5198,666D
Common Stock04/15/2026F1,729(2)D$66.5196,937D
Common Stock04/15/2026M3,436A$66.51100,373D
Common Stock04/15/2026F1,423D$66.5198,950D
Common Stock04/15/2026M5,790A$66.51104,740D
Common Stock04/15/2026F2,398D$66.51102,342D
Common Stock04/15/2026M5,078A$66.51107,420D
Common Stock04/15/2026F2,103D$66.51105,317D
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$004/15/2026M3,436 (4)04/15/2026Common Stock3,436$00D
Restricted Stock Unit$004/15/2026M5,790 (5)04/15/2027Common Stock5,790$05,790D
Restricted Stock Unit$004/15/2026M5,078 (6)04/15/2028Common Stock5,078$010,794D
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, as 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 insider transactions did Trimble (TRMB) executive Ronald Bisio report?

Ronald Bisio reported exercising restricted stock units into common shares and receiving new stock grants. The activity reflects equity compensation vesting, with some shares retained by Trimble to cover tax withholding obligations instead of being sold on the open market.

How many Trimble (TRMB) shares did Ronald Bisio acquire in this Form 4?

Ronald Bisio acquired 14,304 Trimble common shares through exercises of restricted stock units and also received 18,252 common shares as grants. These shares stem from vested equity awards and are part of his ongoing compensation, not open-market purchases.

How many Trimble (TRMB) shares were withheld for taxes in Bisio’s transactions?

Trimble retained 13,642 common shares to satisfy Ronald Bisio’s tax withholding obligations tied to vesting awards. The footnotes state the retained amount did not exceed his tax liability, and these withholdings were not open-market sales of stock.

What are the performance factors behind Trimble (TRMB) performance rights in this filing?

The performance rights paid out based on a Combined Attainment Factor of 132.83%. This reflects Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24%, and a People & Planet modifier of 3.87%, determining shares delivered under the awards.

What is Ronald Bisio’s Trimble (TRMB) shareholding after these Form 4 transactions?

After the reported grants, exercises, and tax withholdings, Ronald Bisio directly holds 105,317 shares of Trimble common stock. This figure comes from the post-transaction ownership totals reported in the non-derivative transaction table within the Form 4 data.

How do the Trimble (TRMB) restricted stock units in this filing vest over time?

Certain restricted stock units for Ronald Bisio vest in three equal annual installments. Footnotes specify that 33.3% of these units vest each year over three years from vesting commencement dates of April 15, 2023, April 15, 2024, and April 15, 2025.