Gabriel Kaigham 4

What Happened

• Gabriel Kaigham, a director of Trimble Inc. (TRMB), exercised derivative securities (transaction code M) on June 17, 2026 to acquire 3,974 shares at an exercise price of $50.78 per share, for a total cost of about $201,800. The filing also shows a corresponding disposition of the derivative instrument at $0, reflecting the conversion/cancellation of the option upon exercise.

Key Details

• Transaction date: 2026-06-17
• Acquired: 3,974 shares at $50.78 per share (total ≈ $201,800)
• Disposed: 3,974 derivative securities at $0.00 (option converted/cancelled)
• Shares owned after transaction: Not disclosed on the Form 4
• Footnote: F1 — "100% of these restricted stock units will vest 12 months from the vest commencement date of June 17, 2025." (i.e., subject to a 12-month vesting schedule)
• Filing date: 2026-06-22 (filed five days after the transaction; Form 4s are typically due within two business days, so this filing appears later than the usual reporting window)

Context

• This was an option exercise (code M). The $0 disposition entry reflects the cancellation/conversion of the option instrument rather than a market sale. The acquired shares are subject to the RSU-style vesting noted in the footnote, so they may not be freely tradable until the vesting conditions are met. Purchases or exercises are generally more informative than sales, but they do not on their own indicate the insider’s broader intentions.