Trimble executive sells 16,725 shares in 10b5-1 plan
Trimble Inc. Senior VP Mark David Schwartz reported multiple equity transactions in April 2026.
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Rhea-AI Filing Summary
Trimble Inc. Senior VP Mark David Schwartz reported multiple equity transactions in April 2026. On April 16, he completed open-market sales of 16,725 shares of Trimble common stock at $67.01 per share under a Rule 10b5-1 sale plan, leaving 19,667.7522 shares held directly.
On April 15, several restricted stock unit awards vested and were converted into common stock at a $0.00 exercise price, with 14,728 shares exercised. As part of these vestings, 12,345 shares were withheld by Trimble to cover tax obligations related to the awards, while additional common shares were granted as compensation.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,442 | $67.01 | $566K |
| Sale | Common Stock | 8,283 | $67.01 | $555K |
| Exercise | Restricted Stock Unit | 2,700 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 6,032 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 5,996 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,757 | $66.51 | $715K |
| Exercise Price or Tax Liability | Common Stock | 4,582 | $66.51 | $305K |
| Grant/Award | Common Stock | 3,585 | $66.51 | $238K |
| Exercise Price or Tax Liability | Common Stock | 1,318 | $66.51 | $88K |
| Exercise | Common Stock | 2,700 | $66.51 | $180K |
| Exercise Price or Tax Liability | Common Stock | 1,182 | $66.51 | $79K |
| Exercise | Common Stock | 6,032 | $66.51 | $401K |
| Exercise Price or Tax Liability | Common Stock | 2,639 | $66.51 | $176K |
| Exercise | Common Stock | 5,996 | $66.51 | $399K |
| Exercise Price or Tax Liability | Common Stock | 2,624 | $66.51 | $175K |
Footnotes (7)
- 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. The sale was effected by Mr. Schwartz to a rule 10b5-1 sale plan effective November 7, 2025.
- 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
Performance right (ARR) financial
Restricted stock units financial
Combined Attainment Factor financial
FAQ
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What insider transactions did Trimble (TRMB) report for Mark David Schwartz?
What restricted stock unit activity did Trimble (TRMB) disclose for Mark David Schwartz?
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