TriNet (TNET) SVP reports tax share withholding and new stock award
Rhea-AI Filing Summary
TRINET GROUP, INC. senior vice president Timothy N. Nimmer reported routine equity-related transactions in company common stock. On May 15, 2026, a total of 877 shares were disposed of through tax-withholding transactions at $39.64 per share, covering tax obligations from vesting restricted stock unit awards granted on July 15, 2024, March 21, 2025, and March 20, 2026. On the same date, he acquired 405 shares in a grant or award at $34.44 per share. After these transactions, he directly beneficially owned 65,739 shares of TriNet common stock, which includes unvested restricted stock units and excludes performance-based units that will be reported when earned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 405 | $34.44 | $14K |
| Tax Withholding | Common Stock | 167 | $39.64 | $7K |
| Tax Withholding | Common Stock | 235 | $39.64 | $9K |
| Tax Withholding | Common Stock | 475 | $39.64 | $19K |
Footnotes (1)
- These shares were acquired under the TriNet Group, Inc. 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d). 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. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on July 15, 2024. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 21, 2025. Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 20, 2026.
Key Figures
Key Terms
Employee Stock Purchase Plan financial
restricted stock units financial
performance-based restricted stock units financial
tax withholding obligation financial
beneficially owned financial
Rule 16b-3(c) regulatory
FAQ
What insider transactions did TriNet (TNET) SVP Timothy Nimmer report?
Nimmer reported routine equity transactions on May 15, 2026, involving tax withholding and a share award. 877 shares were withheld for taxes and 405 shares were acquired as a grant, all in TriNet common stock.
What prices were used in the TriNet (TNET) Form 4 transactions?
The tax-withholding dispositions were reported at $39.64 per share for 877 shares. The share grant or award to Timothy N. Nimmer was reported at $34.44 per share for 405 shares of TriNet common stock.
What do the code F and tax-withholding description mean in the TriNet (TNET) filing?
Transaction code F indicates shares were disposed to pay an exercise price or tax liability. In this case, the filing states shares were withheld to satisfy tax withholding obligations arising from vesting of restricted stock unit awards.
Are performance-based restricted stock units included in Timothy Nimmer’s TriNet (TNET) holdings?
No, the footnotes explain that his total beneficially owned securities exclude unvested performance-based restricted stock units. Those units will be reported only when earned upon achievement of specified performance criteria.