Trimble (TRMB) SVP Bisio details RSU vesting, stock grants and tax share withholdings
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.
Negative
- None.
Insider Trade Summary
| 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 |
Footnotes (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.