TriNet Group (TNET) EVP reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
TriNet Group, Inc. executive reports Form 4 share withholding for taxes tied to equity awards. The EVP of Strategy, Products & Transformation reported dispositions of 3,298 and 540 shares of TriNet common stock on 12/31/2025 at a price of $59.44 per share, in each case representing shares withheld to satisfy tax obligations from vesting of performance-based restricted stock units granted on March 15, 2023 and March 15, 2024.
Following these transactions, the reporting person beneficially owned 60,657 shares of common stock, which includes unvested restricted stock units and excludes unvested performance-based restricted stock units that will be reported when earned upon achievement of specified performance criteria.
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FAQ
What insider transaction did TriNet Group (TNET) report in this Form 4?
The Form 4 reports that an executive of TriNet Group, Inc. had company shares withheld on 12/31/2025 to cover tax obligations arising from the vesting of performance-based restricted stock unit awards.
How many TriNet Group (TNET) shares were withheld for taxes in the reported transactions?
The executive had 3,298 shares and 540 shares of TriNet common stock withheld, each at a price of $59.44 per share, to satisfy tax withholding obligations.
What is the reporting person’s role at TriNet Group (TNET)?
The reporting person is an officer of TriNet Group, Inc., serving as EVP Strategy, Products & Transformation.
How many TriNet Group (TNET) shares does the executive beneficially own after these transactions?
After the reported share withholdings, the executive beneficially owns 60,657 shares of TriNet common stock, including shares underlying unvested restricted stock units.
Do the reported holdings for the TriNet (TNET) executive include all performance-based restricted stock units?
No. The reported total includes unvested restricted stock units but excludes unvested performance-based restricted stock units, which will be reported when earned upon achievement of specified performance criteria.
Were these TriNet (TNET) Form 4 transactions open-market sales by the executive?
No. The filing explains that the transactions represent shares withheld for tax withholding obligations resulting from the vesting of performance-based restricted stock units, rather than discretionary open-market sales.