[Form 4] TRINET GROUP, INC. Insider Trading Activity
Rhea-AI Filing Summary
TRINET GROUP, INC. director Wayne B. Lowell reported a mix of equity awards and gifts of common stock. He received 4,735 Restricted Stock Units that convert into common stock on a one-for-one basis. These RSUs vest 100% on the earlier of the 12‑month anniversary of the grant date or the trading day before TriNet’s 2027 annual stockholders’ meeting, subject to his continued board service, with potential accelerated vesting upon certain events.
On a separate date, Lowell made bona fide gifts totaling 5,298 shares of common stock. This included a transfer of 2,649 directly held shares to the Lowell Revocable Living Trust, where he and his spouse serve as trustees and beneficiaries. After these transfers, 92,222 shares are reported as held indirectly by the trust, and 4,735 shares are held directly from the new RSU grant. The filing notes that the total securities beneficially owned include unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,735 | $0.00 | -- |
| Gift | Common Stock | 2,649 | $0.00 | -- |
| Gift | Common Stock | 2,649 | $0.00 | -- |
Footnotes (1)
- Represents a transfer of shares to a trust, of which the reporting person and his spouse are trustees and beneficiaries of the trust. Shares held directly by the Lowell Revocable Living Trust (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust. Reflects the grant of Restricted Stock Units that convert into Common Stock, par value $0.000025 per share, of the Issuer, on a one-for-one basis. The Restricted Stock Units will vest 100% on the earlier of the 12-month anniversary of the date of grant and the trading day preceding the date of the Company's 2027 Annual Meeting of the Stockholders, subject to the director's continued service. The Restricted Stock Units are also subject to accelerated vesting upon certain events. The total securities beneficially owned includes shares of unvested restricted stock units.