TriNet SVP Majalya awarded 14,174 stock units
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).
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,174 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
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What insider transaction did TriNet (TNET) report for Sidney A. Majalya?
What are the vesting terms of Sidney A. Majalya’s new TriNet PRSUs?
How were Sidney A. Majalya’s TriNet PRSUs earned under the award?
Does the Form 4 indicate open-market buying or selling of TriNet (TNET) stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.