TriNet (NYSE: TNET) SVP earns 16,199 performance-based stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRINET GROUP, INC. senior vice president Timothy N. Nimmer reported an acquisition of 16,199 shares of common stock through performance-based restricted stock units (PRSUs) that were determined to be earned for the performance period ending December 31, 2025.
The PRSUs were originally granted on March 21, 2025 and will vest 50% on December 31, 2026 and 50% on December 31, 2027, subject to continued service, with potential accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of TNET common stock upon vesting.
After this grant, Nimmer beneficially owns 38,899 shares, which include unvested restricted stock units and exclude unearned performance-based awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nimmer Timothy N
Role
SVP, Insurance Services & Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,199 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,899 shares (Direct)
Footnotes (1)
- Represents the portion of a performance-based restricted stock unit award (the "PRSUs") made on March 21, 2025 that was determined to be earned based on performance for the period ending December 31, 2025. The PRSUs will vest as follows: 50% on December 31, 2026 and 50% on December 31, 2027, subject to continued service through each such date and are subject to accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of TNET common stock upon vesting. 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.
FAQ
What insider transaction did Timothy N. Nimmer report for TriNet (TNET)?
Timothy N. Nimmer reported acquiring 16,199 TriNet common shares through performance-based restricted stock units (PRSUs) that were earned for a period ending December 31, 2025. These units convert into shares only as they vest over time.
How do the 16,199 performance-based RSUs for TriNet (TNET) vest?
The 16,199 PRSUs vest in two equal installments: 50% on December 31, 2026 and 50% on December 31, 2027, subject to continued service. Certain events may accelerate vesting under the award terms described in the filing.
What does each TriNet (TNET) PRSU reported by Timothy N. Nimmer represent?
Each PRSU reported represents a contingent right to one TNET common share upon vesting. The award was performance-based, earned for results through December 31, 2025, and then subject to time-based vesting through 2026 and 2027.
Are all of Timothy N. Nimmer’s TriNet (TNET) equity awards currently vested?
No. The filing notes his total beneficial ownership includes unvested restricted stock units. It also explains that unvested performance-based restricted stock units are excluded and will only be reported when actually earned under specified performance goals.
What role does Timothy N. Nimmer hold at TriNet (TNET) in this Form 4?
Timothy N. Nimmer is identified as SVP, Insurance Services & Ops at TriNet Group, Inc. The Form 4 reports equity compensation tied to his role, specifically a performance-based restricted stock unit award that has been partially earned.