SCHWARTZ MARK DAVID 4

What Happened Mark David Schwartz, Senior Vice President (AECO) of Trimble Inc. (TRMB), was granted two equity awards on March 26, 2026: 22,778 shares and 22,781 shares (total 45,559 shares). Both awards are reported as derivative awards with a $0 exercise/purchase price, so no cash was paid up front.

Key Details

• Transaction date: 2026-03-26; Form 4 filed 2026-03-30 (appears timely).
• Grants: 22,778 shares (award/derivative) and 22,781 shares (award/derivative); reported price $0.00; total nominal value $0 in the filing.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes:
  • F1: Includes 159.094 shares acquired under the Amended and Restated Employee Stock Purchase Plan on Feb 27, 2026.
  • F2: One grant is an option that vests in three equal annual installments beginning one year after the commencement date of April 15, 2026.
  • F3: The other grant appears to be restricted stock units (RSUs) with 33.3% vesting annually over three years from the vest commencement date of April 15, 2026.
• Transaction code: A = Grant/Award.

Context These are company awards (not open-market purchases or sales). For retail investors, awards and option grants are common parts of executive compensation and do not by themselves signal buying or selling intent. The filings indicate vesting schedules for the option and RSUs—meaning the shares will convert to owned/vested shares over the next three years rather than being immediately tradable.