Trimble Inc. management check
TRMB · Information Technology · Application Software · CEO Robert G. Painter
Filings as of
3 good · 0 to watch · 3 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $117, against $258 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.79 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Flag
What does the CEO cost owners?
4.5% of net income$19.1m of reported pay in fiscal 2026, against $424.0m of net income.
- n/a
Do they own the stock?
No recent CEO filingLight activity: no buys, $103k sold in six months. 1 of 1 sales ran on pre-arranged 10b5-1 plans.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -1.5% a year over the last three fiscal years. Stock-based pay was 4.1% of revenue in the latest year.
- Good
Is leadership stable?
9 leadership filings in 3 yearsCEO in the pay table: Robert G. Painter. 9 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Flag
Are the books clean?
Red flags on file1 auditor change (8-K 4.01), 4 late-filing notices since 2021. 1 amended annual report.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Information Technology.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 0 | 33 | |
| Pay for performance | 90 | 87 | |
| CEO cost | 0 | 35 | |
| Skin in the game | — | — | 47 |
| Dilution | 69 | 56 | |
| Stable leadership | 80 | 85 | |
| Clean books | 0 | 100 |
Closest peers
Others in Application Software, by management score. Trimble Inc. is 69th of 73 in its sector.
- 72PLTRPalantir Technologies78
- 186FICOFair Isaac70
- 202CRMSalesforce68
- 264ADBEAdobe Inc.64
- 343DDOGDatadog59
- 350INTUIntuit58
- 405TYLTyler Technologies52
- 430ORCLOracle Corporation49
- 445CDNSCadence Design Systems47
- 456ADSKAutodesk44
Pay versus performance
From the proxy statement filed April 9, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2026 | Robert G. Painter | $19.1m | $26.5m | $4.0m | $117 | $258 | $424.0m |
| 2025 | — | $18.9m | $30.9m | $3.4m | $106 | $208 | $1.5bn |
| 2023 | — | $15.0m | $15.0m | $2.8m | $80 | $152 | $311.3m |
| 2022 | — | $16.1m | −$8.5m | $2.7m | $76 | $97 | $449.7m |
| 2021 | — | $14.0m | $27.4m | $3.6m | $131 | $135 | $492.7m |
Its other key measures: Annualized recurring revenue, Revenue, Operating income, Adjusted EBITDA, Total shareholder return.
Insiders and the CEO's stake
Light activity: no buys, $103k sold in six months. 1 of 1 sales ran on pre-arranged 10b5-1 plans.
- SoldKaigham GabrielDirector · 10b5-1 plan$103kAug 4, 2026
Leadership and governance on file
- May 26, 2026Leadership change8-K 5.02
- Mar 24, 2026Leadership change8-K 5.02
- Aug 18, 2025Leadership change8-K 5.02
- Apr 29, 2025Auditor change8-K 4.01
- Mar 5, 2025Late filing noticeNT 10-K
- Jan 16, 2025Annual report amended10-K/A
- Nov 7, 2024Late filing noticeNT 10-Q
- Aug 15, 2024Leadership change8-K 5.02
- Aug 7, 2024Late filing noticeNT 10-Q
- May 8, 2024Late filing noticeNT 10-Q
- Feb 15, 2024Leadership change8-K 5.02
- Feb 1, 2024Leadership change8-K 5.02
Latest shareholder vote results: May 27, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $1.7bn returned to owners in buybacks and dividends, 54% of net income, and $693.5m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $3.7bn | $3.7bn | $3.8bn | $3.7bn | $3.6bn |
| Net income | $492.7m | $449.7m | $311.3m | $1.5bn | $424.0m |
| Stock-based pay | $122.6m | $120.4m | $145.4m | $158.6m | $146.5m |
| Buybacks | $180.0m | $394.7m | $100.0m | $175.0m | $863.4m |
| Dividends | — | — | — | — | — |
| Diluted shares | 254m | 250m | 249m | 247m | 242m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.