Form 4: Trimble Inc. Corporate VP, General Counsel Jennifer Allison Reports Stock Transactions
SEC Form 4 Filing
Jennifer Allison, Corporate VP and General Counsel of Trimble Inc., reports the acquisition and disposal of common stock and restricted stock units on May 15, 2024.
Summary
- On May 15, 2024, Jennifer Allison, Corporate VP and General Counsel of Trimble Inc., engaged in transactions involving Trimble's common stock and restricted stock units.
- Allison acquired 685 shares of common stock at a price of $57.09 through the exercise of restricted stock units.
- She also acquired 503 shares of common stock at a price of $57.09 through the exercise of restricted stock units.
- Concurrently, she disposed of 278 shares of common stock to cover tax obligations at a price of $57.09.
- Additionally, she disposed of 204 shares of common stock to cover tax obligations at a price of $57.09.
- Following these transactions, Allison directly owns 5,173.889 shares of Trimble Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 05/15/2020 | Vest commencement date for 25% of restricted stock units vesting annually over 4 years. |
| 05/15/2021 | Vest commencement date for 33.3% of restricted stock units vesting annually over 3 years and 100% of restricted stock units vesting 36 months from this date. |
| 05/15/2024 | Date of transactions involving common stock and restricted stock units. |
| 05/17/2024 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.