Trimble SVP receives stock options and RSUs
Trimble Inc. Senior VP, AECO Mark David Schwartz received new equity awards.
Rhea-AI Filing Summary
Trimble Inc. Senior VP, AECO Mark David Schwartz received new equity awards. On March 26, 2026, he was granted an employee stock option for 22,778 shares of common stock at an exercise price of $65.45 per share, expiring on April 15, 2036.
The option vests in three equal annual installments starting one year from the vesting commencement date of April 15, 2026. He also received 22,781 restricted stock units, which will vest 33.3% annually over three years from the same April 15, 2026 commencement date. Following these awards, he directly holds 19,667.7522 shares of common stock, including 159.094 shares acquired on February 27, 2026 under the Amended and Restated Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 45,559 shares
Grant/Award
3 txns
Insider
SCHWARTZ MARK DAVID
Role
Senior VP, AECO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option | 22,778 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 22,781 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option — 22,778 contracts (Direct);
Restricted Stock Unit — 22,781 contracts (Direct);
Common Stock — 19,667.7522 shares (Direct)
Footnotes (3)
- F1. Includes 159.094 shares acquired on February 27, 2026 under the Amended and Restated Employee Stock Purchase Plan.
- F2. The option vests in three equal annual installments starting one year from the commencement date of April 15, 2026.
- F3. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2026.
Key Figures
Stock option grant size: 22,778 shares
Option exercise price: $65.45 per share
Option expiration: April 15, 2036
+4 more
7 metrics
Stock option grant size
22,778 shares
Employee stock option granted March 26, 2026
Option exercise price
$65.45 per share
Exercise price of employee stock option
Option expiration
April 15, 2036
Employee stock option expiry date
RSU grant size
22,781 units
Restricted Stock Units granted March 26, 2026
Common shares held
19,667.7522 shares
Direct Trimble common stock holdings after transactions
ESPP shares acquired
159.094 shares
Shares acquired February 27, 2026 under ESPP
RSU vesting rate
33.3% annually
RSUs vest over three years from April 15, 2026
Key Terms
Employee Stock Option, Restricted Stock Unit, Amended and Restated Employee Stock Purchase Plan, vesting commencement date, +1 more
5 terms
Employee Stock Option financial
"security_title: "Employee Stock Option""
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
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.
Amended and Restated Employee Stock Purchase Plan financial
"acquired on February 27, 2026 under the Amended and Restated Employee Stock Purchase Plan"
vesting commencement date financial
"over a 3 year period from vest commencement date of April 15, 2026"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Trimble (TRMB) executive Mark David Schwartz receive?
Mark David Schwartz received an employee stock option for 22,778 shares at $65.45 per share and 22,781 restricted stock units. Both awards relate to Trimble common stock and were granted as part of his executive compensation package.
What are the vesting terms of the new Trimble (TRMB) stock option grant?
The stock option for 22,778 shares vests in three equal annual installments starting one year from April 15, 2026. This structure spreads the vesting over three years, encouraging longer-term alignment with Trimble’s performance.
How do the new restricted stock units for Trimble (TRMB) vest?
The 22,781 restricted stock units vest 33.3% annually over a three-year period starting from April 15, 2026. Each year, roughly one-third of the RSUs convert into common shares, subject to continued service and plan terms.
What is the exercise price and expiration for the new Trimble (TRMB) stock option?
The granted employee stock option covers 22,778 shares at an exercise price of $65.45 per share and expires on April 15, 2036. Schwartz may exercise vested portions anytime before expiration, subject to plan rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
