TriNet director granted 4,735 RSUs
TRINET GROUP, INC. director Madhu Ranganathan received an award of 4,735 Restricted Stock Units (RSUs) that will convert into common stock on a one-for-one basis.
Rhea-AI Filing Summary
TRINET GROUP, INC. director Madhu Ranganathan received an award of 4,735 Restricted Stock Units (RSUs) that will convert into common stock on a one-for-one basis. The RSUs vest 100% on the earlier of the 12-month anniversary of the grant date or the trading day before the company’s 2027 annual stockholders meeting, subject to continued service, with potential accelerated vesting upon certain events.
After this grant, Ranganathan beneficially owns 6,805 shares of common stock, which include unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,735 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The total securities beneficially owned includes shares of unvested restricted stock units.
Key Figures
Key Terms
Restricted Stock Units financial
beneficially owned financial
vesting financial
accelerated vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Trinet Group (TNET) director Madhu Ranganathan report in this Form 4?
When do Madhu Ranganathan’s new TriNet Group (TNET) RSUs vest?
What is Madhu Ranganathan’s total TriNet Group (TNET) ownership after this Form 4?
Is the TriNet Group (TNET) Form 4 transaction an open-market stock purchase?
What conditions affect vesting of the new TriNet Group (TNET) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.