TriNet Group (NYSE: TNET) withholds 1,267 shares for RSU taxes
Rhea-AI Filing Summary
TRINET GROUP, INC. (TNET) reported insider activity by EVP, Chief Services & Technology Officer Jeffery Jon Hayward. On 2026-08-15, he disposed of an aggregate 1,267 shares of common stock at $68.75 per share in four code F transactions, each described as shares withheld to satisfy tax withholding obligations arising from the vesting of portions of restricted stock unit awards granted in 2023, 2024, 2025, and 2026. The filing notes that total beneficial ownership includes unvested restricted stock units and excludes unearned performance-based restricted stock units.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 1,267 shares
Net Sell
4 txns
Insider
Hayward Jeffery Jon
Role
EVP, Chief Svcs & Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 172 | $68.75 | $12K |
| Tax Withholding | Common Stock F3, F2 | 125 | $68.75 | $9K |
| Tax Withholding | Common Stock F4, F2 | 305 | $68.75 | $21K |
| Tax Withholding | Common Stock F5, F2 | 665 | $68.75 | $46K |
Holdings After Transaction:
Common Stock — 71,960.3487 shares (Direct)
Footnotes (5)
- F1. 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 15, 2023.
- F2. 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.
- F3. 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 15, 2024.
- F4. 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.
- F5. 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 20, 2026.
Key Figures
Tax-withheld shares (total): 1,267 shares
Tax-withheld lot 1: 172 shares
Tax-withheld lot 2: 125 shares
+3 more
6 metrics
Tax-withheld shares (total)
1,267 shares
Aggregate shares delivered or withheld for tax liability on 2026-08-15 (code F)
Tax-withheld lot 1
172 shares
Code F withholding at $68.75 per share tied to March 15, 2023 RSU grant
Tax-withheld lot 2
125 shares
Code F withholding at $68.75 per share tied to March 15, 2024 RSU grant
Tax-withheld lot 3
305 shares
Code F withholding at $68.75 per share tied to March 21, 2025 RSU grant
Tax-withheld lot 4
665 shares
Code F withholding at $68.75 per share tied to March 20, 2026 RSU grant
Reported price per share
$68.75
Per-share value used across all four tax-withholding transactions on 2026-08-15
Key Terms
restricted stock unit, performance-based restricted stock units, tax withholding obligation, beneficially owned
4 terms
restricted stock unit financial
"arising as a result of the vesting of a portion of the restricted stock unit award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
performance-based restricted stock units financial
"It excludes unvested performance-based restricted stock units which will be reported when earned"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
tax withholding obligation financial
"shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting"
beneficially owned financial
"The total securities beneficially owned includes shares of unvested restricted stock units."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did TNET report for Jeffery Jon Hayward on August 15, 2026?
TRINET GROUP, INC. reported that Jeffery Jon Hayward had 1,267 common shares withheld on 2026-08-15 to satisfy tax withholding obligations related to vesting restricted stock units, at a reported price of $68.75 per share.
Were the recent TNET insider transactions open-market sales?
No. The Form 4 states the transactions were code F events, meaning shares were withheld to pay tax liabilities from RSU vesting, not open-market purchases or sales, with no buy or sell codes reported.
What RSU grants did the August 15, 2026 TNET tax-withholding transactions relate to?
Footnotes explain the withheld shares related to vesting portions of RSU awards granted on March 15, 2023, March 15, 2024, March 21, 2025, and March 20, 2026, each triggering a tax withholding obligation satisfied in shares.
Does Hayward’s TNET Form 4 include performance-based RSUs in beneficial ownership?
The filing states total securities beneficially owned include unvested restricted stock units but exclude unvested performance-based restricted stock units, which will only be reported when earned upon achievement of specified performance criteria.
AI-generated analysis. How Rhea-AI works. Not financial advice.