Trimble (NASDAQ: TRMB) CFO gains stock awards and withholds shares for taxes
Rhea-AI Filing Summary
TRIMBLE INC. CFO Phillip Sawarynski reported compensation-related stock activity involving restricted stock units (RSUs) and tax withholding. On April 15, 2026, he exercised RSU-based rights and other derivative awards to acquire a total of 11,087 shares of common stock, including performance-based awards tied to a Combined Attainment Factor of 141.70%.
To cover associated tax obligations, the company retained 6,558 shares rather than selling them on the market, which the filing notes did not exceed the tax liability. He also received a new grant of 3,895 shares of common stock. Following these routine compensation and tax-withholding transactions, he held 32,381.65 common shares directly.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting, grant, and tax withholding; no open-market trades.
Trimble’s CFO, Phillip Sawarynski, exercised RSU and derivative awards to acquire 11,087 shares of common stock and received a separate award of 3,895 shares. These events reflect standard equity compensation mechanics rather than discretionary stock purchases.
The filing shows 6,558 shares were withheld by Trimble to satisfy tax liabilities, explicitly stated as not exceeding the actual tax owed. Because there were no open-market buys or sells and he retained a post-transaction position of 32,381.65 shares, this looks like routine vesting and grant activity with neutral investment signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,374 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 4,423 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 5,290 | $0.00 | -- |
| Grant/Award | Common Stock | 3,895 | $66.51 | $259K |
| Tax Withholding | Common Stock | 1,705 | $66.51 | $113K |
| Exercise | Common Stock | 1,374 | $66.51 | $91K |
| Tax Withholding | Common Stock | 602 | $66.51 | $40K |
| Exercise | Common Stock | 4,423 | $66.51 | $294K |
| Tax Withholding | Common Stock | 1,936 | $66.51 | $129K |
| Exercise | Common Stock | 5,290 | $66.51 | $352K |
| Tax Withholding | Common Stock | 2,315 | $66.51 | $154K |
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 141.70%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43% 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. 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.