Form 4: Trimble Inc. Executive Christopher F. Keating Reports Stock Transactions
SEC Form 4 Filing
Christopher F. Keating, Sr. VP Transportation at Trimble Inc., reports the acquisition and disposal of common stock and restricted stock units on April 15, 2025.
Summary
- On April 15, 2025, Christopher F. Keating, Sr. VP Transportation at Trimble Inc., engaged in transactions involving common stock and restricted stock units.
- Keating acquired common stock through the vesting of restricted stock units at a price of $59.49 per share.
- He also disposed of common stock to cover tax obligations associated with the vesting of these restricted stock units.
- The transactions resulted in an adjusted beneficial ownership of 7,377.5391 shares of common stock and 3,620 restricted stock units.
- The restricted stock units vest annually over a 3-year period from the vest commencement dates of April 15, 2022, April 15, 2023 and April 15, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/15/2022 | Vest commencement date for 33.3% of restricted stock units that vest annually over a 3-year period. |
| 04/15/2023 | Vest commencement date for 33.3% of restricted stock units that vest annually over a 3-year period. |
| 04/15/2024 | Vest commencement date for 33.3% of restricted stock units that vest annually over a 3-year period. |
| 04/15/2025 | Date of transactions involving common stock and restricted stock units; Vesting date for restricted stock units; Expiration date for some restricted stock units. |
| 04/15/2026 | Expiration date for some restricted stock units. |
| 04/15/2027 | Expiration date for some restricted stock units. |
| 04/17/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, TRMB, Trimble Inc., Keating Christopher F
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