AI English summary of an SEC filing — figures as filed

Trimble announced on August 18, 2025 that Chief Accounting Officer Julie A. Shepard will retire and leave the company in early 2026. The company named Kenneth Bement as her successor, with his appointment effective September 2, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Aug 18, 2025Period of report Aug 18, 2025Summary published (UTC) Oct 13, 2026

Key points

AI summary

Trimble announced on August 18, 2025 that Chief Accounting Officer Julie A. Shepard will retire and leave the company in early 2026. The company named Kenneth Bement as her successor, with his appointment effective September 2, 2025.
The company said Bement brings more than 20 years of leadership experience in financial reporting, accounting operations and internal controls, has worked at Alphabet and Raytheon Technologies, and led the revenue project at the Financial Accounting Standards Board that resulted in ASC 606.
Trimble said it will provide Bement an annual base salary of $400,000, eligibility to receive a one-time individual cash bonus of $200,000 for service in 2025, and $1,000,000 in restricted stock units upon hiring. He will receive an additional $1,000,000 in restricted stock units upon completion of his relocation to Westminster, Colorado, with both awards vesting in equal annual installments over a 3-year period from their respective grant dates.
Trimble announced the hiring of Jim Palermo as Chief Information Officer, a newly created position. The company said the role is focused on delivering Information Technology infrastructure to support the company's Connect and Scale digital transformation.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Trimble Announces Chief Accounting Officer Transition

Trimble announced on August 18, 2025 that Chief Accounting Officer Julie A. Shepard will retire and leave the company in early 2026. The company named Kenneth Bement as her successor, with his appointment effective September 2, 2025.

Source · Based on the filing body and exhibits

Kenneth Bement's Background

The company said Bement brings more than 20 years of leadership experience in financial reporting, accounting operations and internal controls, has worked at Alphabet and Raytheon Technologies, and led the revenue project at the Financial Accounting Standards Board that resulted in ASC 606.

Source · Based on the filing body and exhibits

Bement's Compensation

Trimble said it will provide Bement an annual base salary of $400,000, eligibility to receive a one-time individual cash bonus of $200,000 for service in 2025, and $1,000,000 in restricted stock units upon hiring. He will receive an additional $1,000,000 in restricted stock units upon completion of his relocation to Westminster, Colorado, with both awards vesting in equal annual installments over a 3-year period from their respective grant dates.

Source · Based on the filing body and exhibits

Trimble Hires Chief Information Officer

Trimble announced the hiring of Jim Palermo as Chief Information Officer, a newly created position. The company said the role is focused on delivering Information Technology infrastructure to support the company's Connect and Scale digital transformation.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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