Form 4: Trimble Inc. Director Johan Wibergh Reports Stock Transactions
SEC Form 4 Filing
Director Johan Wibergh reported the vesting of restricted stock units and subsequent stock sales at Trimble Inc.
Summary
- On June 3, 2024, Johan Wibergh, a director of Trimble Inc., reported transactions involving the company's common stock.
- Wibergh exercised 6,003 restricted stock units (RSUs) at a price of $0, converting them into common stock.
- Following the exercise, Wibergh sold 418 shares of common stock at $55.50 per share to cover tax obligations.
- After these transactions, Wibergh directly owns 31,840 shares of Trimble Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like directors and officers, trade their company's stock. These filings provide transparency into insider transactions, which can be informative for investors.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding the director's view on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date exercisable and expiration date of restricted stock unit |
| 06/03/2024 | Date of stock transactions: exercise of RSUs and sale of shares. |
| 06/05/2024 | Date of signature on the Form 4 filing. |
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