What price per share was used for TriNet (TNET) CEO tax withholding?

The tax-withholding transactions used a price of $39.64 per share. Each of the three dispositions reported on May 15, 2026, referenced this same per-share value when calculating the number of shares withheld for tax obligations.

What awards caused the TriNet (TNET) CEO’s tax-withholding share dispositions?

Three restricted stock unit awards triggered the tax withholdings. Footnotes link them to RSU grants dated March 15, 2024, March 21, 2025 and March 20, 2026, each partially vesting and generating tax obligations settled in shares.

TriNet (TNET) CEO Simonds has 5,831 shares withheld to cover RSU taxes

Q: How many TriNet (TNET) shares were withheld for Michael Simonds’ taxes?

A total of 5,831 shares were withheld for tax obligations. These shares covered taxes arising from the vesting of multiple restricted stock unit awards granted in 2024, 2025 and 2026, all at a reference price of $39.64 per share.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

TRINET GROUP, INC. President & CEO Michael Q. Simonds reported tax-related share withholdings rather than market sales. On May 15, 2026, a total of 5,831 shares of common stock were withheld at $39.64 per share to satisfy tax obligations from vesting restricted stock units granted in 2024, 2025 and 2026. He continues to hold direct shares and unvested restricted stock units, while unvested performance-based units will be reported only if earned.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Simonds Michael Q

Role PRESIDENT & CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,000	$39.64	$40K
Tax Withholding	Common Stock	1,625	$39.64	$64K
Tax Withholding	Common Stock	3,206	$39.64	$127K

Holdings After Transaction: Common Stock — 288,842 shares (Direct, null)

Footnotes (1)

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. 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 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.

Key Figures

Tax-withheld shares: 5,831 shares Withholding price: $39.64 per share First RSU tax withholding: 3,206 shares +2 more

5 metrics

Tax-withheld shares 5,831 shares Total shares withheld for tax obligations on May 15, 2026

Withholding price $39.64 per share Reference price used for all tax-withholding entries

First RSU tax withholding 3,206 shares Shares withheld from March 15, 2024 RSU award vesting

Second RSU tax withholding 1,625 shares Shares withheld from March 21, 2025 RSU award vesting

Third RSU tax withholding 1,000 shares Shares withheld from March 20, 2026 RSU award vesting

Key Terms

restricted stock unit, tax withholding obligation, beneficially owned, performance-based restricted stock units

4 terms

restricted stock unit financial

"vesting of a portion of the restricted stock unit award granted on March 15, 2024"

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.

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.

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.

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 06:32 PM

SEC Form 4

FORM 4

UNITED 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^*

Simonds Michael Q

(Last)

(First)

(Middle)

TRINET GROUP, INC.

ONE PARK PLACE, SUITE 600

(Street)

DUBLIN

CALIFORNIA

94568

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	PRESIDENT & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2026		F		1,000⁽¹⁾	D	$39.64	288,842⁽²⁾	D
Common Stock	05/15/2026		F		1,625⁽³⁾	D	$39.64	287,217⁽²⁾	D
Common Stock	05/15/2026		F		3,206⁽⁴⁾	D	$39.64	284,011⁽²⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. 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.

3. 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.

4. 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.

Remarks:

	/s/ Melissa Shimizu, Attorney-in-fact	05/19/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did TriNet (TNET) CEO Michael Simonds report?

Michael Simonds reported tax-withholding dispositions, not open-market sales. A total of 5,831 TriNet common shares were withheld to cover tax obligations triggered by vesting restricted stock units on May 15, 2026.

How many TriNet (TNET) shares were withheld for Michael Simonds’ taxes?

A total of 5,831 shares were withheld for tax obligations. These shares covered taxes arising from the vesting of multiple restricted stock unit awards granted in 2024, 2025 and 2026, all at a reference price of $39.64 per share.

Were Michael Simonds’ TriNet (TNET) Form 4 transactions open-market sales?

No, the Form 4 shows tax-withholding dispositions, not market sales. Code F transactions reflect shares delivered back to the company to satisfy tax liabilities from vesting restricted stock units, rather than discretionary buying or selling in the market.

How do restricted stock units affect Michael Simonds’ TriNet (TNET) holdings?

His reported holdings include unvested restricted stock units. The filing states total securities beneficially owned include unvested RSUs, but exclude performance-based RSUs, which will only be reported if performance criteria are achieved and the awards are earned.