STOCK TITAN

TriNet Group director (NYSE: TNET) sells 5,773 shares via family trust

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

TriNet Group director Wayne B. Lowell reported that the Lowell Revocable Living Trust sold 5,773 shares of TriNet common stock on August 4, 2026 at a weighted-average price of $68.7107 per share. After this indirect sale, the trust held 86,449 shares, and Lowell also reported 4,735 shares held directly, including unvested restricted stock units.

Positive

  • None.

Negative

  • None.
Insider LOWELL WAYNE B
Role Director
Sold 5,773 shs ($397K)
Type Security Shares Price Value
Sale Common Stock F1, F2 5,773 $68.7107 $397K
holding Common Stock F3 -- -- --
Holdings After Transaction: Common Stock — 86,449 shares (Indirect, By Trust); Common Stock — 4,735 shares (Direct)
Footnotes (3)
  1. F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.08 to $69.0650, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
  2. F2. Shares held directly by the Lowell Revocable Living Trust (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.
  3. F3. The total securities beneficially owned includes shares of unvested restricted stock units.
Shares sold 5,773 shares Common stock sold on 2026-08-04 by Lowell Revocable Living Trust
Weighted-average sale price $68.7107 per share Average price for 5,773 shares sold on 2026-08-04
Sale price range $68.08–$69.0650 per share Range of individual trade prices for the reported sale
Indirect holdings after sale 86,449 shares Shares held by Lowell Revocable Living Trust after the 2026-08-04 sale
Direct holdings after sale 4,735 shares Shares beneficially owned directly, including unvested restricted stock units
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially owned financial
"The total securities beneficially owned includes shares"
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.
restricted stock units financial
"includes shares of unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did TriNet Group (TNET) report for Wayne B. Lowell?

Wayne B. Lowell, a director of TriNet Group, reported an indirect sale of 5,773 shares of common stock. The sale was executed on August 4, 2026 by the Lowell Revocable Living Trust at a weighted-average price of $68.7107 per share.

At what prices were the 5,773 TNET shares sold in Wayne B. Lowell’s filing?

The reported $68.7107 is a weighted-average sale price for the 5,773 shares. According to the filing, individual trades occurred in multiple transactions at prices ranging from $68.08 to $69.0650 per share, inclusive, executed by the Lowell Revocable Living Trust.

How many TriNet (TNET) shares does Wayne B. Lowell hold after the reported sale?

After the sale, the Lowell Revocable Living Trust held 86,449 TriNet shares indirectly for Wayne B. Lowell. Separately, Lowell reported 4,735 shares held directly in his name, and this total of direct holdings includes shares represented by unvested restricted stock units.

How are Wayne B. Lowell’s TriNet (TNET) shares structured between direct and indirect ownership?

Wayne B. Lowell’s indirect TriNet holdings are through the Lowell Revocable Living Trust, which held 86,449 shares after the transaction. In addition, he reported 4,735 shares held directly, with that direct total explicitly including shares from unvested restricted stock units.

Were Wayne B. Lowell’s TriNet (TNET) share sales under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox was not marked as an affirmative trading plan, and no footnote indicates a plan. The filing instead describes open-market sales by the Lowell Revocable Living Trust within the disclosed price range between $68.08 and $69.0650 per share.

Do Wayne B. Lowell’s reported TriNet (TNET) holdings include restricted stock units?

Yes. A footnote states that the total securities beneficially owned in his direct holdings include shares of unvested restricted stock units. The post-transaction direct position is 4,735 shares, and that figure already reflects the inclusion of those unvested restricted stock units.
SEC Form 4
FORM 4UNITED 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*
LOWELL WAYNE B

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/04/2026S5,773D$68.7107(1)86,449IBy Trust(2)
Common Stock4,735(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.08 to $69.0650, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
2. Shares held directly by the Lowell Revocable Living Trust (the "Trust"). The Reporting Person and his spouse serve as trustees and beneficiaries of the Trust.
3. The total securities beneficially owned includes shares of unvested restricted stock units.
Remarks:
/s/ Melissa Shimizu, Attorney-in-fact08/06/2026
** Signature of Reporting PersonDate
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)