STOCK TITAN

TriNet Group (TNET) director entities report new 4,735 RSU award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TRINET GROUP, INC. director-affiliated entities reported updated holdings and a new equity award. An entity associated with director Michael J. Angelakis received 4,735 Restricted Stock Units that convert into common stock on a one-for-one basis. These units vest 100% on the earlier of the 12‑month anniversary of the grant date and the trading day before the company’s 2027 annual stockholders’ meeting, subject to continued board service and potential accelerated vesting on certain events.

Following this award, Mr. Angelakis is indirectly reported as beneficial owner of 4,735 Restricted Stock Units and 34,735 shares of common stock, while affiliated investment entities hold 3,169,354 and 14,916,419 shares of common stock. The filing states that each reporting person disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider AGI-T, L.P., Angelakis Michael J, Atairos Partners GP, Inc., Atairos Partners, L.P., Atairos Group, Inc., A-T Holdings GP, LLC, A-A SMA, L.P., A-A SMA GP, LLC
Role null | null | null | null | null | null | null | null
Type Security Shares Price Value
Grant/Award Common Stock 4,735 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 39,470 shares (Indirect, See footnote)
Footnotes (1)
  1. 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. Reflects (i) 4,735 Restricted Stock Units and (ii) 34,735 shares of Common Stock directly beneficially owned by Mr. Angelakis, which were previously delivered to Mr. Angelakis in connection with the vesting of Restricted Stock Units granted to him in his capacity as a director of the Issuer. This Form 4 is being filed by more than one Reporting Person. A-T Holdings GP, LLC is the general partner of AGI-T, L.P. Atairos Group, Inc. is the sole member and manager of A-T Holdings GP, LLC and the sole limited partner of AGI-T, L.P. A-A SMA GP, LLC is the general partner of A-A SMA, L.P. Atairos Group, Inc. is the sole member and manager of A-A SMA GP, LLC and the sole limited partner of A-A SMA, L.P. Atairos Partners, L.P. is the sole voting shareholder of Atairos Group, Inc. Atairos Partners GP, Inc. is the general partner of Atairos Partners, L.P. Michael J. Angelakis directly or indirectly controls a majority of the voting power of Atairos Partners GP, Inc. and serves on the board of directors of the Issuer. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. Reflects shares of Common Stock directly beneficially owned by A-A SMA, L.P. Reflects shares of Common Stock directly beneficially owned by AGI-T, L.P.
RSU grant size 4,735 Restricted Stock Units Award to entity associated with director Michael J. Angelakis
Angelakis equity position 4,735 RSUs + 34,735 shares Indirect beneficial ownership reported after grant
A-A SMA, L.P. holdings 3,169,354 shares Common stock directly beneficially owned by A-A SMA, L.P.
AGI-T, L.P. holdings 14,916,419 shares Common stock directly beneficially owned by AGI-T, L.P.
RSU vesting trigger 12-month anniversary / pre-2027 meeting 100% vesting on earlier of these dates, subject to continued service
RSU grant price $0.0000 per unit Equity award granted at no cash cost to holder
Restricted Stock Units financial
"Reflects the grant of Restricted Stock Units that convert into Common Stock..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficial ownership financial
"Each Reporting Person disclaims beneficial ownership of the reported securities..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein"
general partner financial
"A-T Holdings GP, LLC is the general partner of AGI-T, L.P."
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
limited partner financial
"Atairos Group, Inc. is the sole limited partner of AGI-T, L.P."
A limited partner is an investor in a pooled investment vehicle—such as a private equity, venture capital, or real estate fund—who provides capital but does not take part in day‑to‑day management and whose financial responsibility is capped at the amount invested. For investors, being a limited partner matters because it defines how much control they have, how much risk they bear, and how returns are distributed; think of a limited partner as a silent co‑owner who shares in profits and losses while leaving operations to the fund managers.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
AGI-T, L.P.

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TRINET GROUP, INC. [ TNET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/28/2026A4,735(1)A$039,470ISee footnote(2)(3)(4)
Common Stock3,169,354ISee footnote(3)(4)(5)
Common Stock14,916,419ISee footnote(3)(4)(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
AGI-T, L.P.

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Angelakis Michael J

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Atairos Partners GP, Inc.

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Atairos Partners, L.P.

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Atairos Group, Inc.

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
A-T Holdings GP, LLC

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
A-A SMA, L.P.

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
A-A SMA GP, LLC

(Last)(First)(Middle)
C/O ATAIROS MANAGEMENT, L.P.
40 MORRIS AVENUE, STE 300

(Street)
BRYN MAWR PENNSYLVANIA 19010

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. 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.
2. Reflects (i) 4,735 Restricted Stock Units and (ii) 34,735 shares of Common Stock directly beneficially owned by Mr. Angelakis, which were previously delivered to Mr. Angelakis in connection with the vesting of Restricted Stock Units granted to him in his capacity as a director of the Issuer.
3. This Form 4 is being filed by more than one Reporting Person. A-T Holdings GP, LLC is the general partner of AGI-T, L.P. Atairos Group, Inc. is the sole member and manager of A-T Holdings GP, LLC and the sole limited partner of AGI-T, L.P. A-A SMA GP, LLC is the general partner of A-A SMA, L.P. Atairos Group, Inc. is the sole member and manager of A-A SMA GP, LLC and the sole limited partner of A-A SMA, L.P. Atairos Partners, L.P. is the sole voting shareholder of Atairos Group, Inc. Atairos Partners GP, Inc. is the general partner of Atairos Partners, L.P. Michael J. Angelakis directly or indirectly controls a majority of the voting power of Atairos Partners GP, Inc. and serves on the board of directors of the Issuer.
4. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein.
5. Reflects shares of Common Stock directly beneficially owned by A-A SMA, L.P.
6. Reflects shares of Common Stock directly beneficially owned by AGI-T, L.P.
ATAIROS PARTNERS GP, INC. /s/ David Caplan Name: David Caplan Title: Vice President06/01/2026
ATAIROS PARTNERS, L.P. /s/ David Caplan Name: David Caplan Title: Vice President06/01/2026
ATAIROS GROUP, INC. /s/ David Caplan Name: David Caplan Title: Vice President06/01/2026
A-T HOLDINGS GP, LLC, by ATAIROS GROUP, INC., its sole member and manager, by /s/ David L. Caplan, Authorized Signatory06/01/2026
AGI-T, L.P., by A-T HOLDINGS GP, LLC, its general partner, by ATAIROS GROUP, INC., its sole member and manager, by /s/ David L. Caplan, Authorized Signatory06/01/2026
A-A SMA, L.P., by A-A SMA GP, LLC, its general partner, by ATAIROS GROUP, INC., its sole member and manager, by /s/ David L. Caplan, Authorized Signatory06/01/2026
A-A SMA GP, LLC, by ATAIROS GROUP, INC., its sole member and manager, by /s/ David L. Caplan, Authorized Signatory06/01/2026
Michael J. Angelakis /s/ David Caplan, attorney-in-fact for Michael Angelakis06/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did TriNet (TNET) report in this Form 4?

The Form 4 reports an equity award and updated holdings for entities linked to director Michael J. Angelakis. One entity received 4,735 Restricted Stock Units, and affiliated investment vehicles report multi‑million share indirect holdings in TriNet common stock, with beneficial ownership disclaimed beyond pecuniary interest.

How many Restricted Stock Units did TriNet (TNET) grant to the Angelakis-affiliated entity?

The filing shows a grant of 4,735 Restricted Stock Units to an entity associated with director Michael J. Angelakis. Each unit converts into one share of TriNet common stock, providing additional equity-linked compensation to the director through this indirect holding structure.

What are the vesting terms of the new TriNet (TNET) Restricted Stock Units?

The 4,735 Restricted Stock Units vest 100% on the earlier of the 12‑month anniversary of the grant date and the trading day before TriNet’s 2027 annual stockholders’ meeting. Vesting is conditioned on the director’s continued service, with potential accelerated vesting upon certain events.

How many TriNet (TNET) shares are tied to Michael J. Angelakis after this filing?

The filing reflects 4,735 Restricted Stock Units and 34,735 shares of TriNet common stock directly beneficially owned by Mr. Angelakis. These shares were previously delivered upon vesting of earlier RSU grants made to him in his capacity as a director of the company.

What indirect TriNet (TNET) holdings do affiliated investment entities report?

The document notes 3,169,354 shares of TriNet common stock directly beneficially owned by A‑A SMA, L.P. and 14,916,419 shares directly beneficially owned by AGI‑T, L.P. These large positions are reported by multiple related entities, with beneficial ownership disclaimed beyond pecuniary interest.

How do the TriNet (TNET) reporting persons describe their beneficial ownership?

The reporting persons state they disclaim beneficial ownership of the reported TriNet securities except to the extent of their pecuniary interest. This means legal filings treat the entities as holders, while individuals only acknowledge economic exposure to the degree they share in profits or losses.