Trimble SVP reports equity grants and tax withholding
Trimble Inc. Senior Vice President Peter Large reported equity compensation and related tax withholding transactions in Trimble common stock.
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Rhea-AI Filing Summary
Trimble Inc. Senior Vice President Peter Large reported equity compensation and related tax withholding transactions in Trimble common stock. On April 15, 2026, he exercised restricted stock units into 6,582 shares of common stock and received additional grants totaling 18,252 shares. The company retained 10,165 shares to cover tax withholding obligations rather than selling them on the market. Following these transactions, he directly holds about 31,317 shares of Trimble common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,298 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 1,930 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 1,354 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 13,689 | $66.51 | $910K |
| Exercise Price or Tax Liability | Common Stock | 5,761 | $66.51 | $383K |
| Grant/Award | Common Stock | 4,563 | $66.51 | $303K |
| Exercise Price or Tax Liability | Common Stock | 1,677 | $66.51 | $112K |
| Exercise | Common Stock | 3,298 | $66.51 | $219K |
| Exercise Price or Tax Liability | Common Stock | 1,366 | $66.51 | $91K |
| Exercise | Common Stock | 1,930 | $66.51 | $128K |
| Exercise Price or Tax Liability | Common Stock | 800 | $66.51 | $53K |
| Exercise | Common Stock | 1,354 | $66.51 | $90K |
| Exercise Price or Tax Liability | Common Stock | 561 | $66.51 | $37K |
Footnotes (6)
- F1. 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%.
- F2. 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.
- F3. 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%.
- F4. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023.
- F5. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024.
- F6. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2025.
Key Figures
Key Terms
Restricted Stock Unit financial
Performance right (ARR) financial
Performance right (TSR) financial
Annual Recurring Revenue financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did TRMB executive Peter Large report in this Form 4?
Were Peter Large’s TRMB transactions open-market buys or routine equity awards?
What performance factors affected the Trimble (TRMB) performance rights in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.