TriNet (NYSE: TNET) SVP logs tax-withholding share disposals and award grant
Rhea-AI Filing Summary
TRINET GROUP, INC. executive Sidney A. Majalya reported routine equity compensation-related transactions involving company common stock. On May 15, 2026, a total of 1,069 shares of common stock were disposed of at $39.64 per share to cover tax withholding obligations tied to vesting restricted stock units. These dispositions were coded as tax-withholding events, not open-market sales.
On the same date, Majalya acquired 375 shares of common stock at $34.44 per share as a grant or award under company plans, including the TriNet Group, Inc. 2014 Employee Stock Purchase Plan, in transactions exempt under Rule 16b-3. Following these transactions, Majalya directly held 56,125 shares of TriNet common stock, which include unvested restricted stock units and exclude unvested performance-based restricted stock units that will be reported when earned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 375 | $34.44 | $13K |
| Tax Withholding | Common Stock | 120 | $39.64 | $5K |
| Tax Withholding | Common Stock | 174 | $39.64 | $7K |
| Tax Withholding | Common Stock | 256 | $39.64 | $10K |
| Tax Withholding | Common Stock | 519 | $39.64 | $21K |
Footnotes (1)
- These shares were acquired under the TriNet Group, Inc. 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d). 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 May 15, 2024. 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 October 15, 2024. 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. 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.