EKHOLM BORJE 4

What Happened

• Borje Ekholm, a director of Trimble Inc. (TRMB), reported exercising/converting derivatives to acquire 3,974 shares at an effective price of $50.78 per share, valued at approximately $201,800, on June 17, 2026. The filing also shows a corresponding conversion/disposition entry for 3,974 shares reported at $0 (technical reporting of the derivative conversion/settlement).
• This is an acquisition (exercise/conversion) rather than an open‑market sale; purchases or exercises can be more informative to investors than routine sales.

Key Details

• Transaction date: June 17, 2026; Report filed: June 22, 2026 (five days after the transaction; exceeds the typical 2-business-day Form 4 deadline).
• Acquired: 3,974 shares @ $50.78 (total ≈ $201,800).
• Disposed/converted: 3,974 shares reported at $0 (reported as a derivative conversion entry).
• Shares owned after the transaction: Not specified in the provided data.
• Footnote: F1 — "100% of these restricted stock units will vest 12 months from the vest commencement date of June 17, 2025" (i.e., vesting occurs on or about June 17, 2026).

Context

• For retail investors: "M" indicates an exercise or conversion of a derivative (e.g., option exercise or RSU conversion). Here, the filing shows the derivative conversion/settlement that resulted in 3,974 shares being issued to the director.
• There is no separate open‑market sale reported; the second entry at $0 appears to reflect conversion/settlement mechanics rather than a sale for cash.