TRMB.NASDAQTrimble INC

Form 4: Trimble Inc. Senior Vice President Peter Large Reports Sale of Common Stock

Sentiment:

SEC Filing

📋All filings for Trimble INC
🔒Login to Follow

Senior Vice President Peter Large of Trimble Inc. reports selling 176 shares of common stock at $65 per share under a pre-arranged 10b5-1 trading plan.

Summary

  • Peter Large, a Senior Vice President at Trimble Inc., reported a transaction involving the company's common stock on March 21, 2024.
  • He sold 176 shares at a price of $65 per share.
  • This sale was executed under a pre-existing Rule 10b5-1 trading plan established on May 23, 2023.
  • Following the transaction, Mr. Large beneficially owns 5,717.8751 shares of Trimble Inc. common stock, which includes 144.2280 shares acquired on February 29, 2024, under the Amended and Restated Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider stock sale under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.

Stakeholder Impact

  • The sale of shares by a company executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates

DateDescription
May 23, 2023Effective date of the Rule 10b5-1 sale plan.
February 29, 2024Date of acquisition of 144.2280 shares under the Amended and Restated Employee Stock Purchase Plan.
March 21, 2024Date of the stock sale transaction.
March 25, 2024Date of signature on the Form 4 filing.

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.