secwatch.observer — SEC 8-K summary
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Issuer:     TRIMBLE INC. (TRMB)
CIK:        0000864749
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000864749-24-000011
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trimble appoints Phillip Sawarynski as CFO, effective end of May 2024
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- Annual base salary of $450,000; target bonus at 80% of base under Trimble OneBonus.
- Promotional RSU grant of $1M vests in equal thirds over 3 years starting Jan 15, 2024.
- Recommended 2024 annual equity grant of $2.2M in RSUs and PRSUs, subject to committee approval.
- Eligible for Executive Severance and Change in Control Severance Agreements.
- Sawarynski will succeed David Barnes, who is retiring at end of May 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/864749/000086474924000011/0000864749-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/864749/000086474924000011/trmb-20240129.htm
  HTML page:      https://secwatch.observer/filing/0000864749-24-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer