Bement Kenneth B 4

What Happened
Kenneth B. Bement, Trimble’s Chief Accounting Officer, received two equity awards on March 26, 2026 totaling 5,000 derivative units (two grants of 2,500 each). Both entries are recorded as awards/acquisitions at a $0.00 price — typical for restricted stock unit (RSU) grants and some option awards. Because these are grants (not open-market purchases or sales), they represent compensation, not an immediate buy or sell in the market.

Key Details

• Transaction date: 2026-03-26 (reported on Form 4 filed 2026-03-30).
• Grants: two awards of 2,500 shares each = 5,000 total; grant price reported $0.00 (derivative awards).
• Footnote F1: One award (option-type derivative) vests in three equal annual installments beginning April 15, 2027 (one year from April 15, 2026 commencement).
• Footnote F2: The other award (restricted stock units) vests 33.3% annually over 3 years starting April 15, 2026.
• Shares owned after transaction: not specified in this Form 4.
• Filing timeliness: reported within the Form 4 filing dated 2026-03-30; no late-filing flag noted in the provided data.

Context
These are compensation awards (derivative grants) rather than open-market purchases or sales; such awards are routine for executives and are intended to vest over time as retention/incentive compensation. The reported $0.00 grant price reflects the nature of RSUs and some option grants — their ultimate value depends on Trimble’s future stock price and the vesting schedules above.