Trimble (TRMB) Senior Vice President Peter Large plans retirement in late May 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Trimble Inc. reported that Peter Large, Senior Vice President overseeing Strategy, Corporate Development, Corporate Partnerships and Alliances, and the Office of Technology Innovation, has decided to retire. His retirement is effective in late May 2026 and is described as a personal decision.
The company states that Mr. Large’s decision is not due to any disagreement regarding operations, policies, or practices. He will not receive severance, but his departure qualifies as a retirement under Trimble’s Age & Service Equity Vesting Program, allowing equity to vest under that plan.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What executive leadership change did Trimble (TRMB) announce in this 8-K?
Trimble announced that Senior Vice President Peter Large will retire effective in late May 2026. He currently oversees Strategy, Corporate Development, Corporate Partnerships and Alliances, and the Office of Technology Innovation, making this a notable leadership transition in the company’s strategic and innovation functions.
Did Peter Large’s retirement from Trimble (TRMB) involve any disagreement with the company?
Trimble states that Peter Large’s decision to retire is not the result of any disagreement with the company. This includes no disagreements related to Trimble’s operations, policies, or practices, indicating the departure is presented as an amicable and planned leadership transition.
When will Trimble executive Peter Large’s retirement become effective?
Peter Large’s retirement from his role as Senior Vice President at Trimble is expected to be effective in late May 2026. The 8-K notes his decision was announced on March 24, 2026, providing several months of transition before his departure becomes effective.
Will Peter Large receive severance in connection with his retirement from Trimble (TRMB)?
Peter Large will not receive any severance payments in connection with his retirement from Trimble. However, his departure will qualify as a retirement under the company’s Age & Service Equity Vesting Program, which affects how his equity awards vest under that established program.
How does Trimble’s Age & Service Equity Vesting Program apply to Peter Large’s retirement?
Peter Large’s departure qualifies as a retirement under Trimble’s Age & Service Equity Vesting Program. This means his equity awards will vest according to the retirement provisions in that plan, which was previously filed as an exhibit to Trimble’s Form 10-K for the fiscal year ended January 2, 2026.
What areas of Trimble’s business did retiring executive Peter Large oversee?
Peter Large served as Senior Vice President responsible for Strategy, Corporate Development, Corporate Partnerships and Alliances, and Trimble’s Office of Technology Innovation. These roles place him at the center of Trimble’s strategic planning, deal-making, external partnerships, and technology innovation efforts across the company.