Trimble CEO logs RSU vesting and small share sale
Trimble Inc. President & CEO Robert G. Painter reported a mix of stock awards, vesting, and a small planned share sale.
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Rhea-AI Filing Summary
Trimble Inc. President & CEO Robert G. Painter reported a mix of stock awards, vesting, and a small planned share sale. On April 14, 2026, he sold 7,500 shares of common stock at $66.94 per share under a Rule 10b5-1 sale plan.
On April 15, 2026, multiple restricted stock unit awards vested and were converted into common shares, while the company retained shares to cover tax withholding obligations. After these transactions, he directly held 146,190.2039 common shares and indirectly held 210,846 shares through the Painter Family Irrevocable Trust.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 19,631 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 16,085 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 15,284 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 140,809 | $66.51 | $9.37M |
| Exercise Price or Tax Liability | Common Stock | 61,604 | $66.51 | $4.10M |
| Grant/Award | Common Stock | 46,937 | $66.51 | $3.12M |
| Exercise Price or Tax Liability | Common Stock | 20,535 | $66.51 | $1.37M |
| Exercise | Common Stock | 19,631 | $66.51 | $1.31M |
| Exercise Price or Tax Liability | Common Stock | 8,589 | $66.51 | $571K |
| Exercise | Common Stock | 16,085 | $66.51 | $1.07M |
| Exercise Price or Tax Liability | Common Stock | 7,038 | $66.51 | $468K |
| Exercise | Common Stock | 15,284 | $66.51 | $1.02M |
| Exercise Price or Tax Liability | Common Stock | 6,687 | $66.51 | $445K |
| Sale | Common Stock | 7,500 | $66.94 | $502K |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. The sale was effected by Mr. Painter pursuant to a rule 10b5-1 sale plan effective February 20, 2025.
- F2. 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%.
- F3. 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.
- F4. 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%.
- F5. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023.
- F6. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024.
- F7. 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
Rule 10b5-1 sale plan financial
restricted stock units financial
Performance right (ARR) financial
Performance right (TSR) financial
Combined Attainment Factor financial
tax withholding obligations financial
FAQ
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What insider transactions did Trimble (TRMB) CEO Robert G. Painter report?
What happened to the Trimble (TRMB) restricted stock units reported in this Form 4?
What is the Combined Attainment Factor referenced in the Trimble (TRMB) Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.