STOCK TITAN

Trimble (NASDAQ: TRMB) general counsel gets stock awards; shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Trimble Inc. Corporate VP and General Counsel Jennifer Allison reported equity compensation activity involving performance-based and time-based stock units. On April 15, 2026, she exercised restricted stock units covering 4,798 shares of common stock and received additional common shares from stock awards.

To cover tax obligations on these vesting events, 6,191 shares were retained by Trimble at a price of $66.51 per share, a non-market tax-withholding disposition. Following these transactions, she directly holds 10,940.889 shares of Trimble common stock.

Footnotes state that certain performance rights paid out based on a Combined Attainment Factor of 132.83%, reflecting Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24%, and a People & Planet modifier of 3.87%. Some restricted stock units vest in equal annual installments over three years starting on April 15 of 2023, 2024, and 2025.

Positive

  • None.

Negative

  • None.
Insider Allison Jennifer
Role Corporate VP, General Counsel
Type Security Shares Price Value
Exercise Restricted Stock Unit 1,779 $0.00 --
Exercise Restricted Stock Unit 1,608 $0.00 --
Exercise Restricted Stock Unit 1,411 $0.00 --
Grant/Award Common Stock 7,089 $66.51 $471K
Tax Withholding Common Stock 2,950 $66.51 $196K
Grant/Award Common Stock 2,363 $66.51 $157K
Tax Withholding Common Stock 959 $66.51 $64K
Exercise Common Stock 1,779 $66.51 $118K
Tax Withholding Common Stock 846 $66.51 $56K
Exercise Common Stock 1,608 $66.51 $107K
Tax Withholding Common Stock 765 $66.51 $51K
Exercise Common Stock 1,411 $66.51 $94K
Tax Withholding Common Stock 671 $66.51 $45K
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 9,970.889 shares (Direct)
Footnotes (1)
  1. Each Performance right (ARR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. Each Performance right (TSR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2025.
RSU exercises 4,798 shares Restricted stock units converted into common stock on April 15, 2026
Tax-withheld shares 6,191 shares Shares retained by Trimble to cover tax obligations at $66.51
Tax withholding price $66.51 per share Reference price for F-code tax-withholding dispositions
Post-transaction holdings 10,940.889 shares Common stock directly held by Jennifer Allison after all transactions
Performance Combined Attainment Factor 132.83% Determines payout on certain performance rights
Annual Recurring Revenue performance 136.43% Component of Combined Attainment Factor for performance rights
Total Shareholder Return metric 102.24% Component of Combined Attainment Factor for performance rights
People & Planet modifier 3.87% Modifier within the Combined Attainment Factor
Restricted Stock Unit financial
"Each Performance right (ARR) represented a contingent right to receive a share of 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.
Performance right (ARR) financial
"Each Performance right (ARR) represented a contingent right to receive a share of common stock"
Combined Attainment Factor financial
"Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance"
Total Shareholder Return financial
"Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%"
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.
People & Planet modifier financial
"Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%"
tax withholding obligations financial
"These shares were retained by the Company in order to meet the tax withholding obligations"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Allison Jennifer

(Last)(First)(Middle)
C/O TRIMBLE INC.
10368 WESTMOOR DR

(Street)
WESTMINSTER COLORADO 80021

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TRIMBLE INC. [ TRMB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Corporate VP, General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/15/2026A7,089(1)A$66.519,970.889D
Common Stock04/15/2026F2,950(2)D$66.517,020.889D
Common Stock04/15/2026A2,363(3)A$66.519,383.889D
Common Stock04/15/2026F959(2)D$66.518,424.889D
Common Stock04/15/2026M1,779A$66.5110,203.889D
Common Stock04/15/2026F846D$66.519,357.889D
Common Stock04/15/2026M1,608A$66.5110,965.889D
Common Stock04/15/2026F765D$66.5110,200.889D
Common Stock04/15/2026M1,411A$66.5111,611.889D
Common Stock04/15/2026F671D$66.5110,940.889D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit$004/15/2026M1,779 (4)04/15/2026Common Stock1,779$00D
Restricted Stock Unit$004/15/2026M1,608 (5)04/15/2027Common Stock1,608$01,609D
Restricted Stock Unit$004/15/2026M1,411 (6)04/15/2028Common Stock1,411$02,822D
Explanation of Responses:
1. Each Performance right (ARR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%.
2. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
3. Each Performance right (TSR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 132.83%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24% and People & Planet modifier of 3.87%.
4. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023.
5. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024.
6. 33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2025.
Remarks:
/s/ Paul Rimas, as Attorney-in-Fact04/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Trimble (TRMB) report for Jennifer Allison?

Jennifer Allison reported exercises of restricted stock units into 4,798 Trimble common shares and equity awards of additional common stock. The same day, 6,191 shares were withheld by Trimble at $66.51 per share to satisfy tax obligations tied to these vesting events.

How many Trimble (TRMB) shares does Jennifer Allison hold after these Form 4 transactions?

After the reported equity awards, derivative exercises, and tax withholding, Jennifer Allison directly holds 10,940.889 shares of Trimble common stock. This figure reflects her position following all April 15, 2026 transactions disclosed in the Form 4 filing.

Were any of Jennifer Allison’s Trimble (TRMB) Form 4 transactions open-market sales?

No open-market sales were reported. Dispositions were coded “F,” meaning shares were withheld by Trimble to pay tax liabilities on vesting awards. These withholding events are mechanical and do not represent discretionary selling on the open market.

What performance metrics determined Trimble (TRMB) performance rights paid to Jennifer Allison?

Certain performance rights settled based on a Combined Attainment Factor of 132.83%. This factor reflects Annual Recurring Revenue performance of 136.43%, Total Shareholder Return of 102.24%, and a People & Planet modifier of 3.87%, as described in the filing’s footnotes.

How are Jennifer Allison’s Trimble (TRMB) restricted stock units scheduled to vest?

The filing notes that specific restricted stock unit grants vest in three equal annual installments of 33.3%. The vesting schedules begin on April 15, 2023, April 15, 2024, and April 15, 2025, respectively, subject to continued service and the award terms.

What was the reference price for Trimble (TRMB) tax-withholding share dispositions?

Tax-withholding dispositions used a reference price of $66.51 per share. At that price, 6,191 shares were retained by Trimble to meet Jennifer Allison’s tax obligations arising from vesting restricted stock and performance-based awards noted in the Form 4.