Director at Trimble (NASDAQ: TRMB) receives 4,725 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nersesian Ronald S. reported acquisition or exercise transactions in this Form 4 filing.
Trimble Inc. director Ronald S. Nersesian received a grant of 4,725 restricted stock units as equity compensation. Each restricted stock unit represents a contingent right to receive one share of Trimble common stock upon settlement.
According to the terms, 100% of these restricted stock units will vest 12 months from the vest commencement date of May 26, 2026, effectively tying the award to continued service through the one-year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nersesian Ronald S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 4,725 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,725 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock. 100% of these restricted stock units will vest 12 months from vest commencement date of May 26, 2026.
Key Figures
RSUs granted: 4,725 units
Price per RSU: $0.0000 per unit
Underlying shares: 4,725 shares
+2 more
5 metrics
RSUs granted
4,725 units
Restricted stock unit award to director Ronald S. Nersesian
Price per RSU
$0.0000 per unit
Grant/award acquisition, no purchase price paid
Underlying shares
4,725 shares
Each RSU represents one share of Trimble common stock
Holdings after grant
4,725 derivative units
Total restricted stock units following this transaction
Vesting schedule
12 months from May 26, 2026
100% of RSUs vest one year from vest commencement date
Key Terms
Restricted Stock Unit, contingent right, vest, vest commencement date, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock."
vest financial
"100% of these restricted stock units will vest 12 months from vest commencement date of May 26, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
vest commencement date financial
"100% of these restricted stock units will vest 12 months from vest commencement date of May 26, 2026."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Trimble (TRMB) report for Ronald S. Nersesian?
Trimble reported that director Ronald S. Nersesian received a grant of 4,725 restricted stock units. This is a stock-based compensation award rather than an open-market share purchase or sale, and it increases his potential future ownership in Trimble common stock.
How many restricted stock units were granted in this Trimble (TRMB) Form 4?
The Form 4 shows a grant of 4,725 restricted stock units to director Ronald S. Nersesian. Each unit is tied to one share of Trimble common stock, giving him a contingent claim on 4,725 shares upon future vesting and settlement.
When do Ronald S. Nersesian’s Trimble (TRMB) restricted stock units vest?
The filing states that 100% of the 4,725 restricted stock units will vest 12 months from the vest commencement date of May 26, 2026. This means the entire award is scheduled to vest after one year of continued service from that commencement date.
What does each restricted stock unit represent in the Trimble (TRMB) grant?
Each restricted stock unit represents a contingent right to receive one share of Trimble Inc. common stock. The units do not involve a purchase price and convert into shares only when the vesting conditions described in the filing are satisfied and the units settle.