TriNet director granted 4,735 restricted stock units
TRINET GROUP, INC. director Ralph A. Clark received a grant of 4,735 restricted stock units that will convert into common stock on a one-for-one basis.
Rhea-AI Filing Summary
TRINET GROUP, INC. director Ralph A. Clark received a grant of 4,735 restricted stock units that will convert into common stock on a one-for-one basis. The award was granted at no cash cost to Clark and is part of his director compensation.
The restricted stock units 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 his continued board service, with potential accelerated vesting upon certain events. After this grant, Clark beneficially owns 14,125 shares, including unvested restricted stock units.
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
vest financial
accelerated vesting financial
beneficially owned financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ralph A. Clark acquire in this TriNet (TNET) Form 4 filing?
How and when do Ralph A. Clark’s new TriNet (TNET) RSUs vest?
What is Ralph A. Clark’s total TriNet (TNET) beneficial ownership after this grant?
Are Ralph A. Clark’s unvested RSUs included in his TriNet (TNET) ownership?
AI-generated analysis. How Rhea-AI works. Not financial advice.