Sidney Majalya (TNET) granted 14,174 performance-based TriNet stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TriNet Group, Inc. SVP, CLO and Secretary Sidney A. Majalya acquired 14,174 shares of common stock through earned performance-based restricted stock units (PRSUs). These PRSUs were granted on March 21, 2025 and earned based on performance for the period ending December 31, 2025.
The PRSUs will vest 50% on December 31, 2026 and 50% on December 31, 2027, subject to continued service and potential accelerated vesting upon certain events. After this award, Majalya beneficially owns 33,395 shares, which include unvested restricted stock units but exclude unearned performance-based PRSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Majalya Sidney A.
Role
SVP, CLO and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,174 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,395 shares (Direct)
Footnotes (1)
- Represents the portion of a performance-based restricted stock unit award (the "PRSUs") made on March 21, 2025 that was determined to be earned based on performance for the period ending December 31, 2025. The PRSUs will vest as follows: 50% on December 31, 2026 and 50% on December 31, 2027, subject to continued service through each such date and are subject to accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of TNET common stock upon vesting. The total securities beneficially owned includes shares of unvested restricted stock units. It excludes unvested performance-based restricted stock units which will be reported when earned upon achievement of certain performance criteria.
FAQ
What insider transaction did TriNet (TNET) report for Sidney A. Majalya?
TriNet reported that Sidney A. Majalya acquired 14,174 shares of common stock through performance-based restricted stock units. These units were earned based on a performance period ending December 31, 2025 and represent a grant or award, not an open-market stock purchase.
What are the vesting terms of Sidney A. Majalya’s new TriNet PRSUs?
The 14,174 performance-based restricted stock units will vest in two equal installments. Fifty percent vest on December 31, 2026 and the remaining fifty percent vest on December 31, 2027, subject to continued service and possible accelerated vesting upon certain specified events.
How were Sidney A. Majalya’s TriNet PRSUs earned under the award?
The PRSUs reported represent the portion of a March 21, 2025 award that was determined to be earned. Earning was based on TriNet’s performance over a period ending December 31, 2025, with each earned PRSU entitling the holder to one share of TriNet common stock upon vesting.
Does the Form 4 indicate open-market buying or selling of TriNet (TNET) stock?
The Form 4 shows a grant or award acquisition coded as transaction type “A,” not an open-market trade. Sidney A. Majalya received 14,174 performance-based restricted stock units as compensation, with no purchase price per share reported for this equity award.