Bisio Ronald 4

4 · TRIMBLE INC. · Filed Apr 17, 2026

AI-generated summary of this filing

Updated Apr 17, 2026

Trimble (TRMB) SVP Ronald Bisio Exercises Options and Receives Awards

What Happened

Ronald Bisio, Senior Vice President of Trimble Inc. (TRMB), converted/exercised performance rights and received a total of 32,556 shares on April 15, 2026. The reported per-share value used in the filing is $66.51, giving a gross value of about $2,165,299.
To satisfy tax withholding obligations, the company retained/withheld 13,642 of those shares (reported disposals labeled “F”) with a cash-equivalent of roughly $907,330. The net shares retained by Bisio after withholding are about 18,914 shares (net value roughly $1.26M).
Transactions include awards/grants (code A), exercise/conversion of derivative securities (code M), and share disposals for tax withholding (code F). Several derivative interests were surrendered/converted (shown as disposals at $0), consistent with conversion of performance rights/RSUs into common stock.

Key Details

Transaction date: April 15, 2026; Form 4 filed April 17, 2026 (timely).
Price/value used in filing: $66.51 per share.
Shares received (gross): 32,556 shares; value ≈ $2,165,299.
Shares withheld for taxes (disposed): 13,642 shares; value ≈ $907,330.
Net shares retained after withholding: ~18,914 shares; net value ≈ $1,257,969.
Relevant footnotes: Performance rights converted based on a Combined Attainment Factor of 132.83% (ARR 136.43%, TSR 102.24%, People & Planet modifier 3.87%) — F1/F3. Some awards are restricted stock units that vest 33.3% annually over three years from respective vest commencement dates (F4–F6). F2 confirms shares were retained only to cover tax withholding.
Shares owned after transaction: not specified in the provided filing excerpt.

Context

This was not an open-market sale by the insider; the “disposals” were share retentions by the company to cover tax withholding on vesting awards — a routine administrative action rather than a market sale.
Several entries show conversion or exercise of derivative securities (performance rights/RSUs) into common stock; some derivative interests were surrendered (reported at $0) as part of the conversion.
These entries reflect compensation-related vesting/conversion and withholding, not a directional trade signal by the insider.

Form 4

Period: 2026-04-15

Sr. Vice President

Transactions

Award
Common Stock
[F1]
2026-04-15$66.51/sh+13,689$910,455→ 100,092 total
Tax Payment
Common Stock
[F2]
2026-04-15$66.51/sh−5,989$398,328→ 94,103 total
Award
Common Stock
[F3]
2026-04-15$66.51/sh+4,563$303,485→ 98,666 total
Tax Payment
Common Stock
[F2]
2026-04-15$66.51/sh−1,729$114,996→ 96,937 total
Exercise/Conversion
Common Stock
2026-04-15$66.51/sh+3,436$228,528→ 100,373 total
Tax Payment
Common Stock
2026-04-15$66.51/sh−1,423$94,644→ 98,950 total
Exercise/Conversion
Common Stock
2026-04-15$66.51/sh+5,790$385,093→ 104,740 total
Tax Payment
Common Stock
2026-04-15$66.51/sh−2,398$159,491→ 102,342 total
Exercise/Conversion
Common Stock
2026-04-15$66.51/sh+5,078$337,738→ 107,420 total
Tax Payment
Common Stock
2026-04-15$66.51/sh−2,103$139,871→ 105,317 total
Exercise/Conversion
Restricted Stock Unit
[F4]
2026-04-15−3,436→ 0 total
Exercise: $0.00Exp: 2026-04-15→ Common Stock (3,436 underlying)
Exercise/Conversion
Restricted Stock Unit
[F5]
2026-04-15−5,790→ 5,790 total
Exercise: $0.00Exp: 2027-04-15→ Common Stock (5,790 underlying)
Exercise/Conversion
Restricted Stock Unit
[F6]
2026-04-15−5,078→ 10,794 total
Exercise: $0.00Exp: 2028-04-15→ Common Stock (5,078 underlying)

Footnotes (6)

[F1]. 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%.
[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]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%.
[F4]33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2023.
[F5]33.3% of these restricted stock units will vest annually over a 3 year period from vest commencement date of April 15, 2024.
[F6]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