Trimble director converts 3,974 RSUs to common shares
Trimble Inc. director Meaghan Lloyd reported exercising restricted stock units into common shares.
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Rhea-AI Filing Summary
Trimble Inc. director Meaghan Lloyd reported exercising restricted stock units into common shares. On June 17, 2026, 3,974 restricted stock units converted into 3,974 shares of common stock through a derivative exercise. Following this transaction, Lloyd directly holds 57,093 shares of Trimble common stock.
A footnote explains that 100% of these restricted stock units were scheduled to vest 12 months from the vesting commencement date of June 17, 2025, indicating this is a routine equity compensation vesting rather than an open-market purchase or sale.
Insights
Routine RSU vesting increases director’s direct share holdings.
Meaghan Lloyd converted 3,974 restricted stock units into 3,974 shares of Trimble common stock on June 17, 2026. The derivative entry shows the RSUs at a $0.00 exercise price, typical for restricted stock units granted as equity compensation.
A footnote notes that 100% of these RSUs vest 12 months after the June 17, 2025 commencement date, confirming the timing as scheduled vesting. After the transaction, Lloyd directly holds 57,093 common shares, with no remaining derivative position listed in this filing.
This is a standard compensation event with no open-market buying or selling and a neutral informational signal. Future company filings may provide additional context on any new grants or subsequent transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,974 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,974 | $50.78 | $202K |
Footnotes (1)
- F1. 100% of these restricted stock units will vest 12 months from the vest commencement date of June 17, 2025.
Key Figures
Key Terms
Restricted Stock Unit financial
derivative security financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Trimble (TRMB) director Meaghan Lloyd report?
Was Meaghan Lloyd’s Trimble (TRMB) Form 4 a stock purchase or sale?
What does the vesting footnote mean in Meaghan Lloyd’s Trimble (TRMB) filing?
How many restricted stock units did Meaghan Lloyd convert in this Trimble (TRMB) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.