Tax withholding trims TriNet (TNET) SVP Anthony Shea’s reported share count
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TriNet Group SVP and Chief Revenue Officer Anthony Shea reported two tax-related share dispositions. On the same date, a total of 731 shares of common stock were withheld at $39.82 per share to cover tax obligations triggered by the vesting of restricted stock units granted in August 2024 and March 2025. After these withholding events, Shea directly owned 27,493 shares, and his beneficial ownership also includes unvested restricted stock units while excluding performance-based units not yet earned.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Treadway Anthony Shea
Role
SVP, Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 449 | $39.82 | $18K |
| Tax Withholding | Common Stock | 282 | $39.82 | $11K |
Holdings After Transaction:
Common Stock — 27,775 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 August 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 March 21, 2025.
FAQ
What insider transaction did TriNet Group (TNET) report for Anthony Shea?
TriNet Group reported that Anthony Shea had shares withheld to satisfy tax obligations from vesting restricted stock units. Two separate tax-withholding dispositions of common stock were recorded on the same date, reflecting routine equity compensation mechanics rather than an open-market purchase or sale.
Do Anthony Shea’s TriNet (TNET) holdings include unvested restricted stock units?
Yes, the total securities beneficially owned by Anthony Shea include unvested restricted stock units. However, unvested performance-based restricted stock units are excluded and will only be reported when earned upon achievement of specified performance criteria, according to the filing footnotes.