Director Brian Evanko buys 5,000 TriNet Group (TNET) shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRINET GROUP, INC. director Brian C. Evanko bought 5,000 shares of Common Stock in an open-market purchase at $37.70 per share. After this transaction, he directly owns 9,565 shares. The company noted that the required Form 4 for this trade was filed late due to an administrative oversight.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($188,500)
Net Buy
1 txn
Insider
Evanko Brian C
Role
null
Bought
5,000 shs ($189K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $37.70 | $189K |
Holdings After Transaction:
Common Stock — 9,565 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 5,000 shares
Purchase price: $37.70 per share
Shares owned after trade: 9,565 shares
+1 more
4 metrics
Shares purchased
5,000 shares
Open-market purchase of Common Stock
Purchase price
$37.70 per share
Price paid for each share on transaction date
Shares owned after trade
9,565 shares
Direct holdings following the transaction
Net buy shares
5,000 shares
Net change in position from this Form 4
Key Terms
open-market purchase, Form 4, Common Stock, transaction code, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"a required Form 4 for this transaction was not filed on a timely basis"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code regulatory
"transaction_code_description: "Purchase in open market or private transaction""
administrative oversight regulatory
"Due to an administrative oversight, a required Form 4 for this transaction was not filed"
FAQ
What insider transaction did TRINET GROUP (TNET) report for Brian C. Evanko?
Brian C. Evanko reported buying 5,000 shares of TriNet Group Common Stock in an open-market transaction. The shares were purchased at a price of $37.70 per share, increasing his directly held position to a total of 9,565 shares.
What does transaction code P mean in the TRINET GROUP (TNET) Form 4 filing?
Transaction code “P” in the Form 4 indicates a purchase in an open-market or private transaction. In this case, it shows that Brian C. Evanko bought TriNet Group Common Stock directly rather than exercising options or engaging in non-market transactions.
Was the TRINET GROUP (TNET) Form 4 for this trade filed on time?
The footnote explains the Form 4 was not filed on a timely basis due to an administrative oversight. It states the reporting person is submitting the Form 4 promptly after becoming aware of the omission, clarifying the reason for the delayed reporting.