TriNet Group (TNET) SVP uses shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRINET GROUP, INC. senior vice president and chief legal officer Sidney A. Majalya reported three Form 4 transactions involving common stock on February 15, 2026. In each case, shares were disposed of to satisfy tax withholding obligations triggered by the vesting of previously granted restricted stock units.
The dispositions covered portions of RSU awards originally granted on May 15, 2024, October 15, 2024, and March 21, 2025 at a transaction price of $39.82 per share. After these transactions, Majalya directly beneficially owned 19,221 shares, which include unvested restricted stock units but exclude performance-based RSUs that will only be reported if earned.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Majalya Sidney A.
Role
SVP, CLO and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 138 | $39.82 | $5K |
| Tax Withholding | Common Stock | 200 | $39.82 | $8K |
| Tax Withholding | Common Stock | 294 | $39.82 | $12K |
Holdings After Transaction:
Common Stock — 19,715 shares (Direct)
Footnotes (1)
- Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on May 15, 2024. 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. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on October 15, 2024. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 21, 2025.
FAQ
What insider transactions did TriNet (TNET) report for Sidney A. Majalya?
Sidney A. Majalya reported three stock disposals on February 15, 2026. These were Form 4 transactions where common shares were withheld to cover tax obligations from vesting restricted stock units, rather than open-market sales, all at a reported price of $39.82 per share.
What does transaction code "F" mean in the TriNet (TNET) Form 4?
Code “F” indicates a tax-withholding disposition. In this TriNet Form 4, shares of common stock were withheld to pay exercise price or tax liabilities when restricted stock units vested, instead of the insider executing discretionary open-market sales of stock.
Were performance-based RSUs included in Sidney Majalya’s TriNet (TNET) Form 4 holdings?
No, unvested performance-based RSUs were excluded from the beneficial ownership total. The filing states those units will be reported only when earned upon achieving specified performance criteria, while the reported 19,221 shares include time-based unvested restricted stock units.