TriNet SVP awarded 16,199 performance RSUs
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.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,199 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
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What insider transaction did Timothy N. Nimmer report for TriNet (TNET)?
How do the 16,199 performance-based RSUs for TriNet (TNET) vest?
What does each TriNet (TNET) PRSU reported by Timothy N. Nimmer represent?
Are all of Timothy N. Nimmer’s TriNet (TNET) equity awards currently vested?
What role does Timothy N. Nimmer hold at TriNet (TNET) in this Form 4?
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