Form 4: Trimble Inc. Executive Ronald Bisio Reports Stock Transactions
SEC Form 4 Filing
Ronald Bisio, a Senior Vice President at Trimble Inc., reported the acquisition and disposal of common stock and restricted stock units on May 15, 2024.
Summary
- On May 15, 2024, Ronald Bisio, a Senior Vice President at Trimble Inc., engaged in transactions involving the company's stock.
- Bisio acquired 2,512 shares of common stock through the vesting of restricted stock units at a price of $57.09 per share.
- Concurrently, Bisio disposed of 1,040 shares of common stock to cover tax obligations, also at $57.09 per share.
- Following these transactions, Bisio directly owns 82,102 shares of Trimble Inc. common stock.
- The reported transactions also involved restricted stock units, with 2,512 units vesting 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: The document is a standard regulatory filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine stock activity by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/15/2021 | Vest commencement date for restricted stock units. |
| 05/15/2024 | Date of stock acquisition and disposal transactions, and vesting of restricted stock units. |
| 05/17/2024 | Date of Form 4 filing. |
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