Form 4: Trimble Inc. Executive Peter Large Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President Peter Large reported the acquisition and disposal of Trimble Inc. common stock and restricted stock units on April 15, 2025.
Summary
- On April 15, 2025, Peter Large, a Senior Vice President at Trimble Inc., engaged in multiple transactions involving the company's common stock and restricted stock units.
- These transactions included the acquisition of common stock through the vesting of restricted stock units and the subsequent disposal of shares to cover tax obligations.
- Specifically, 2,926, 3,435, and 2,010 restricted stock units vested, leading to the acquisition of the same number of common stock shares at a price of $59.49.
- Following these acquisitions, 1,281, 1,503, and 880 shares were disposed of, also at $59.49, presumably to satisfy tax withholding requirements.
- After these transactions, Peter Large directly owns 19,380.4966 shares of Trimble Inc. common stock and holds 4,022 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an 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 required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader industry trend but rather individual compensation and financial planning.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax-related sales.
Key Dates
| Date | Description |
|---|---|
| 04/15/2022 | Vest commencement date for 33.3% of 2,926 restricted stock units, vesting annually over 3 years. |
| 04/15/2023 | Vest commencement date for 33.3% of 3,435 restricted stock units, vesting annually over 3 years. |
| 04/15/2024 | Vest commencement date for 33.3% of 2,010 restricted stock units, vesting annually over 3 years. |
| 04/15/2025 | Date of transactions involving common stock and restricted stock units; vesting of restricted stock units and disposal of shares for tax obligations. |
| 04/15/2025 | Expiration date for 2,926 Restricted Stock Units |
| 04/15/2026 | Expiration date for 3,435 Restricted Stock Units |
| 04/15/2027 | Expiration date for 2,010 Restricted Stock Units |
| 04/17/2025 | Date of signature by Attorney-in-Fact, Paul Rimas. |
Keywords
Form 4, Trimble Inc., Stock Transactions, Peter Large, Restricted Stock Units, Common Stock, Beneficial Ownership
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