TriNet (TNET) CEO Michael Simonds receives 115,649-share restricted stock grant

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Form Type

Rhea-AI Filing Summary

Simonds Michael Q reported acquisition or exercise transactions in this Form 4 filing.

TRINET GROUP, INC. President & CEO Michael Q. Simonds received a grant of 115,649 shares of Common Stock in the form of restricted stock units. These units vest over four years, with one-sixteenth of the total vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date, and are subject to accelerated vesting upon certain events. After this award, he beneficially owns 289,842 shares, which include unvested restricted stock units but exclude unvested performance-based units that will only be reported when earned.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Simonds Michael Q

Role PRESIDENT & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	115,649	$0.00	--

Holdings After Transaction: Common Stock — 289,842 shares (Direct)

Footnotes (1)

Represents a grant of a restricted stock unit award. The restricted stock unit award is subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The restricted stock unit award is also subject to accelerated vesting upon certain events. 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.

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Form 4 Insider Transactions: What Each Field Means →

03/24/2026 - 06:56 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)
03/20/2026

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	03/20/2026		A		115,649⁽¹⁾	A	$0	289,842⁽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 a grant of a restricted stock unit award. The restricted stock unit award is subject to a 4-year vesting schedule: one-sixteenth of the total number of shares vesting quarterly on the 15th day of the second month of each calendar quarter following the grant date. The restricted stock unit award is also subject to accelerated vesting upon certain events.

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.

Remarks:

	/s/ Sheryl Southwick, Attorney-in-fact	03/24/2026
	** 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 did TriNet (TNET) CEO Michael Q. Simonds report in this Form 4?

Michael Q. Simonds reported an acquisition of 115,649 shares of TriNet Common Stock through a restricted stock unit grant. This is a compensation-related award, not an open-market purchase or sale, and increases his total beneficial ownership to 289,842 shares including unvested units.

How many TriNet (TNET) shares were granted to the CEO in this award?

The CEO received a grant of 115,649 restricted stock units tied to TriNet Common Stock. These units represent future share delivery subject to vesting conditions and form part of his equity-based compensation, rather than a cash transaction at a market price.

What is the vesting schedule for Michael Q. Simonds’ new TriNet (TNET) restricted stock units?

The restricted stock unit award vests over four years, with one-sixteenth of the total shares vesting quarterly on the 15th day of the second month of each calendar quarter after the grant date. The award is also subject to accelerated vesting upon certain specified events.

How many TriNet (TNET) shares does the CEO beneficially own after this Form 4 transaction?

Following the grant, Michael Q. Simonds beneficially owns 289,842 TriNet shares. This total includes unvested restricted stock units but excludes unvested performance-based units, which will only be reported when earned upon achieving specified performance criteria.

Does this TriNet (TNET) Form 4 involve an open-market stock purchase or sale?

No, the Form 4 reflects a grant of restricted stock units, categorized as a grant, award, or other acquisition. The transaction price per share is listed as 0.0000, indicating a compensation award rather than an open-market buy or sell transaction.

Are performance-based restricted stock units included in the CEO’s reported TriNet (TNET) ownership?

No, the total securities beneficially owned exclude unvested performance-based restricted stock units. Those performance-based units will be reported only when earned, subject to achievement of specified performance criteria, while unvested time-based restricted stock units are included in the reported total.