TriNet director granted 4,735 RSUs as equity award
TRINET GROUP, INC. director Brian C. Evanko received an equity grant in the form of 4,735 Restricted Stock Units that convert into common stock on a one-for-one basis.
Rhea-AI Filing Summary
TRINET GROUP, INC. director Brian C. Evanko received an equity grant in the form of 4,735 Restricted Stock Units that convert into common stock on a one-for-one basis. These RSUs were granted at no cash cost to him and are compensation-related, not an open-market purchase.
The RSUs will vest 100% on the earlier of the 12-month anniversary of the grant date and the trading day before the company’s 2027 Annual Meeting of Stockholders, subject to his continued board service, with potential accelerated vesting upon certain events. After this award, he beneficially owns 14,300 shares, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,735 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The total securities beneficially owned includes shares of unvested restricted stock units.
Key Figures
Key Terms
Restricted Stock Units financial
beneficially owned financial
accelerated vesting financial
Annual Meeting of the Stockholders financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TriNet Group (TNET) director Brian C. Evanko report in this Form 4?
Is the TriNet (TNET) Form 4 transaction a stock purchase or a grant?
When do Brian C. Evanko’s new TriNet (TNET) RSUs vest?
What type of security was granted in this TriNet (TNET) Form 4 filing?
Are there any special vesting conditions on the TriNet (TNET) RSUs granted to Brian C. Evanko?
AI-generated analysis. How Rhea-AI works. Not financial advice.