Form 4: Trimble CFO David G. Barnes Reports Stock Transactions
SEC Form 4 Filing
David G. Barnes, CFO of Trimble Inc., reports the acquisition and disposal of common stock and restricted stock units on May 15, 2024.
Summary
- On May 15, 2024, David G. Barnes, the CFO of Trimble Inc., engaged in transactions involving the company's stock.
- Barnes acquired 6,279 shares of common stock at a price of $57.09.
- He also disposed of 2,748 shares of common stock, also at $57.09.
- These transactions leave Barnes with beneficial ownership of 79,448.557 shares of Trimble Inc. common stock.
- The transactions also involved restricted stock units, with 6,279 units exercised on May 15, 2024.
- These restricted stock units vest annually over a 3-year period from a commencement date of May 15, 2021.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CFO, trade in their company's stock. It provides transparency to investors about the transactions of key personnel.
Stakeholder Impact
- Shareholders are informed about the CFO's transactions in the company's stock, providing transparency into insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/15/2021 | Vest commencement date for restricted stock units. |
| 05/15/2024 | Date of stock and restricted stock unit transactions. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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