STOCK TITAN

Trimble (TRMB) director Meaghan Lloyd converts 3,974 RSUs into common stock

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

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 Lloyd Meaghan
Role null
Type Security Shares Price Value
Exercise Restricted Stock Unit 3,974 $0.00 --
Exercise Common Stock 3,974 $50.78 $202K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct, null); Common Stock — 57,093 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs converted 3,974 shares Restricted stock units exercised into common stock on June 17, 2026
Post-transaction holdings 57,093 shares Common stock directly held by Meaghan Lloyd after transaction
RSU exercise price $0.00 per unit Conversion or exercise price for restricted stock units
Non-derivative reference price $50.78 per share Price per share shown for common stock entry
Vesting schedule 12 months RSUs vest 12 months from June 17, 2025 commencement date
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" with 3,974.0000 shares"
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.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"100% of these restricted stock units will vest 12 months from the vest commencement date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lloyd Meaghan

(Last)(First)(Middle)
C/O TRIMBLE INC.
10368 WESTMOOR DR

(Street)
WESTMINSTER COLORADO 80021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TRIMBLE INC. [ TRMB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/17/2026M3,974A$50.7857,093D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit$006/17/2026M3,97406/17/2026(1)06/17/2026Common Stock3,974$00D
Explanation of Responses:
1. 100% of these restricted stock units will vest 12 months from the vest commencement date of June 17, 2025.
Remarks:
/s/ Paul Rimas, as Attorney-in-Fact06/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Trimble (TRMB) director Meaghan Lloyd report?

Meaghan Lloyd reported exercising 3,974 restricted stock units into 3,974 shares of Trimble common stock. This was recorded as a derivative exercise, reflecting the conversion of equity compensation rather than an open-market trade, and increased her directly held common share position.

How many Trimble (TRMB) shares does Meaghan Lloyd hold after this Form 4?

After the reported transaction, Meaghan Lloyd directly holds 57,093 shares of Trimble common stock. This figure comes from the Form 4’s post-transaction ownership line and reflects her direct holdings following the 3,974-share restricted stock unit conversion.

Was Meaghan Lloyd’s Trimble (TRMB) Form 4 a stock purchase or sale?

The Form 4 does not show an open-market purchase or sale. Instead, it records a derivative exercise where 3,974 restricted stock units converted into 3,974 common shares, a routine equity compensation vesting event rather than a discretionary market trade.

What does the vesting footnote mean in Meaghan Lloyd’s Trimble (TRMB) filing?

The footnote states that 100% of these restricted stock units vest 12 months from the June 17, 2025 vesting commencement date. This explains why the conversion occurred on June 17, 2026 and confirms the transaction follows a scheduled vesting timetable.

How many restricted stock units did Meaghan Lloyd convert in this Trimble (TRMB) Form 4?

She converted 3,974 restricted stock units into 3,974 shares of Trimble common stock. The derivative section lists the RSUs with a zero exercise price and an equal number of underlying common shares, matching the non-derivative common stock acquired entry.