Trimble (TRMB) awards options and RSUs to Sr. VP Transportation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRIMBLE INC. granted Senior Vice President of Transportation Christopher F. Keating new equity awards as part of his compensation. He received options to acquire 9,167 shares of common stock at $65.45 per share, expiring in 2036, which vest in three equal annual installments starting April 15, 2027, based on a vesting commencement date of April 15, 2026. He also received 9,168 restricted stock units, with 33.3% vesting annually over three years from the same vest commencement date. Following these awards, he directly holds 565.03 shares of common stock, including 159.094 shares acquired on February 27, 2026 under the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Keating Christopher F
Role
Sr. VP Transportation
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option | 9,167 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 9,168 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option — 9,167 shares (Direct);
Restricted Stock Unit — 9,168 shares (Direct);
Common Stock — 565.03 shares (Direct)
Footnotes (1)
- Includes 159.094 shares acquired on February 27, 2026 under the Amended and Restated Employee Stock Purchase Plan. The option vests in three equal annual installments starting one year from the commencement date of April 15, 2026. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2026.
Key Figures
Stock options granted: 9,167 options
Option exercise price: $65.45 per share
Option expiration: April 15, 2036
+4 more
7 metrics
Stock options granted
9,167 options
Granted March 26, 2026; employee stock option award
Option exercise price
$65.45 per share
Exercise price for 9,167 employee stock options
Option expiration
April 15, 2036
Expiration date of granted stock options
RSUs granted
9,168 RSUs
Restricted stock unit award on March 26, 2026
RSU vesting rate
33.3% annually
Vests over 3 years from April 15, 2026
Common stock holding
565.03 shares
Directly held after reported transactions
ESPP acquisition
159.094 shares
Acquired February 27, 2026 under employee stock purchase plan
Key Terms
Employee Stock Option, Restricted Stock Unit, Amended and Restated Employee Stock Purchase Plan, vesting, +1 more
5 terms
Employee Stock Option financial
"security_title: "Employee Stock Option""
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
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.
Amended and Restated Employee Stock Purchase Plan financial
"acquired on February 27, 2026 under the Amended and Restated Employee Stock Purchase Plan"
vesting financial
"The option vests in three equal annual installments starting one year from the commencement date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
vest commencement date financial
"over a 3 year period from vest commencement date of April 15, 2026"
FAQ
What equity awards did Trimble (TRMB) grant to Christopher F. Keating?
Trimble granted Christopher F. Keating 9,167 stock options at $65.45 per share and 9,168 restricted stock units. These awards are compensation-related grants rather than open-market purchases or sales of Trimble common stock.
How do Christopher Keating’s new Trimble stock options vest?
Keating’s 9,167 stock options vest in three equal annual installments. The vesting starts one year after the April 15, 2026 commencement date, meaning portions vest each year over a three-year period until fully vested.
What is the vesting schedule for Christopher Keating’s Trimble RSUs?
Keating’s 9,168 restricted stock units vest over three years, with 33.3% vesting each year. Vesting begins from the April 15, 2026 vest commencement date, gradually delivering Trimble common shares as they vest.
What is the exercise price and expiration of Keating’s Trimble stock options?
The new stock options have an exercise price of $65.45 per share and an expiration date of April 15, 2036. Keating can only benefit economically if Trimble’s share price exceeds this exercise price before expiration.