Sawarynski Phillip 4

4 · TRIMBLE INC. · Filed Apr 17, 2026

AI-generated summary of this filing

Updated Apr 17, 2026

Trimble (TRMB) CFO Phillip Sawarynski Receives Award & Exercises Rights

What Happened

Phillip Sawarynski, Trimble’s Chief Financial Officer, received and converted performance-based awards on April 15, 2026. The filing shows 14,982 shares were acquired (aggregate reported value ~$996,453 at $66.51/share) through a mix of an award/grant and conversions of derivative rights. The company withheld 6,558 shares (reported value ~$436,173) to cover tax withholding, leaving a net increase of 8,424 shares (net value ~$560,280).
Transactions include award/grant (code A), exercises/conversions of derivative rights (code M), and shares retained by the company to satisfy tax withholding (code F). Several derivative items are reported as disposed at $0.00 — these reflect the conversion/cancellation of performance rights rather than an open‑market sale.

Key Details

Transaction date: April 15, 2026; Form filed April 17, 2026 (timely filing).
Prices reported: $66.51 per share for value calculations; some derivative conversions shown at $0.00 (no cash proceeds).
Aggregate acquisitions: 14,982 shares acquired / ~$996,453 reported value.
Shares withheld for taxes: 6,558 shares / ~$436,173 retained by the company (tax withholding).
Net change to holdings: +8,424 shares (approx. $560,280 in value).
Footnotes: Performance rights converted based on a Combined Attainment Factor of 141.70% (ARR performance 136.43% plus People & Planet modifier 3.87%). Retention of shares was to satisfy tax withholding and was not in excess of the tax liability. Vesting schedules for related RSUs occur in annual 33.3% installments (vesting commencement dates: Apr 15, 2023; Apr 15, 2024; Apr 15, 2025).
Shares owned after transaction: not disclosed in the filing.

Context

These transactions are largely non‑market purchases (conversion/vesting of awards and performance rights). Shares withheld to cover taxes are routine and do not represent an open‑market sale.
For retail investors: exercises/conversions and award vesting increase insider ownership generally; tax‑withholding retentions are administrative and common. The filing contains no evidence of open‑market sales by the CFO in this event.

Form 4

Period: 2026-04-15

CFO

Transactions

Award
Common Stock
[F1]
2026-04-15$66.51/sh+3,895$259,056→ 34,086.65 total
Tax Payment
Common Stock
[F2]
2026-04-15$66.51/sh−1,705$113,400→ 32,381.65 total
Exercise/Conversion
Common Stock
2026-04-15$66.51/sh+1,374$91,385→ 33,755.65 total
Tax Payment
Common Stock
2026-04-15$66.51/sh−602$40,039→ 33,153.65 total
Exercise/Conversion
Common Stock
2026-04-15$66.51/sh+4,423$294,174→ 37,576.65 total
Tax Payment
Common Stock
2026-04-15$66.51/sh−1,936$128,763→ 35,640.65 total
Exercise/Conversion
Common Stock
2026-04-15$66.51/sh+5,290$351,838→ 40,930.65 total
Tax Payment
Common Stock
2026-04-15$66.51/sh−2,315$153,971→ 38,615.65 total
Exercise/Conversion
Restricted Stock Unit
[F3]
2026-04-15−1,374→ 0 total
Exercise: $0.00Exp: 2026-04-15→ Common Stock (1,374 underlying)
Exercise/Conversion
Restricted Stock Unit
[F4]
2026-04-15−4,423→ 4,424 total
Exercise: $0.00Exp: 2027-04-15→ Common Stock (4,423 underlying)
Exercise/Conversion
Restricted Stock Unit
[F5]
2026-04-15−5,290→ 10,582 total
Exercise: $0.00Exp: 2028-04-15→ Common Stock (5,290 underlying)

Footnotes (5)

[F1]Each Performance right (ARR) represented a contingent right to receive a share of common stock based upon Trimble's Combined Attainment Factor of 141.70%. Combined Attainment Factor consists of Annual Recurring Revenue performance of 136.43% and People & Planet modifier of 3.87%
[F2]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.
[F3]33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023.
[F4]33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024.
[F5]33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2025.

Signature

/s/ Paul Rimas, as Attorney-in-Fact|2026-04-17

1 file