TriNet Group (TNET) SVP reports 356 shares withheld for taxes on RSU vesting
Rhea-AI Filing Summary
TriNet Group, Inc. executive SVP, Insurance Services & Ops reported a routine equity transaction involving company common stock. On 12/31/2025, 356 shares of TriNet common stock were withheld at a price of $59.44 per share to cover tax obligations triggered by the vesting of part of a performance-based restricted stock unit award originally granted on July 15, 2024.
After this tax withholding transaction, the reporting person beneficially owned 23,182 shares of TriNet common stock, which includes unvested restricted stock units but excludes unvested performance-based restricted stock units that will be reported when earned upon achievement of specified performance criteria. The filing is made by a single reporting person and reflects standard equity compensation and tax withholding mechanics.
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FAQ
What insider transaction did TriNet Group (TNET) report in this Form 4?
The Form 4 reports that a TriNet Group SVP had 356 shares of common stock withheld on 12/31/2025 to satisfy tax withholding obligations arising from the vesting of a portion of a performance-based restricted stock unit award.
At what price were the TriNet (TNET) shares withheld for taxes?
The 356 shares of TriNet common stock were withheld at a price of $59.44 per share in connection with tax withholding on vested performance-based restricted stock units.
How many TriNet Group (TNET) shares does the insider beneficially own after this transaction?
Following the reported tax withholding transaction, the insider beneficially owns 23,182 shares of TriNet common stock, which includes shares represented by unvested restricted stock units.
Does the reported TriNet (TNET) ownership include all performance-based restricted stock units?
No. The 23,182 shares beneficially owned include unvested restricted stock units but exclude unvested performance-based restricted stock units, which will be reported when earned upon achievement of certain performance criteria.
What caused the tax withholding transaction reported for TriNet (TNET)?
The tax withholding transaction was caused by the vesting of a portion of a performance-based restricted stock unit award that was granted on July 15, 2024, leading to 356 shares being withheld to satisfy related tax obligations.
What is the reporting person’s role at TriNet Group (TNET)?
The reporting person is an officer of TriNet Group, Inc., serving as SVP, Insurance Services & Ops, and filed the Form 4 as a single reporting person.