TriNet (NYSE: TNET) SVP has 877 shares withheld for taxes
Rhea-AI Filing Summary
TRINET GROUP, INC. (TNET) reported insider transactions by executive Timothy N. Nimmer, SVP, Insurance Services & Ops. On August 15, 2026, a total of 877 shares of common stock were disposed of at $68.75 per share, all classified as share withholding to satisfy tax withholding obligations upon vesting of portions of previously granted restricted stock unit awards dated July 15, 2024, March 21, 2025, and March 20, 2026. The beneficially owned total includes unvested restricted stock units and excludes unvested performance-based restricted stock units, which will be reported if and when earned.
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Insider Trade Summary
Net Seller: 877 shares
Net Sell
3 txns
Insider
Nimmer Timothy N
Role
SVP, Insurance Services & Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 167 | $68.75 | $11K |
| Tax Withholding | Common Stock F3, F2 | 235 | $68.75 | $16K |
| Tax Withholding | Common Stock F4, F2 | 475 | $68.75 | $33K |
Holdings After Transaction:
Common Stock — 63,985 shares (Direct)
Footnotes (4)
- F1. 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.
- 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.
- F3. 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.
- F4. 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
Tax-withholding shares (RSU grant 07/15/2024): 167 shares at $68.75 per share
Tax-withholding shares (RSU grant 03/21/2025): 235 shares at $68.75 per share
Tax-withholding shares (RSU grant 03/20/2026): 475 shares at $68.75 per share
+1 more
4 metrics
Tax-withholding shares (RSU grant 07/15/2024)
167 shares at $68.75 per share
Common stock withheld on August 15, 2026 to satisfy tax withholding obligation
Tax-withholding shares (RSU grant 03/21/2025)
235 shares at $68.75 per share
Common stock withheld on August 15, 2026 to satisfy tax withholding obligation
Tax-withholding shares (RSU grant 03/20/2026)
475 shares at $68.75 per share
Common stock withheld on August 15, 2026 to satisfy tax withholding obligation
Total shares for exercise price or tax liability
877 shares
Aggregate shares in Code F transactions reported for August 15, 2026
Key Terms
restricted stock unit, performance-based restricted stock units, beneficially owned, tax withholding obligation
4 terms
restricted stock unit financial
"vesting of a portion of the restricted stock unit award granted on July 15, 2024"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
performance-based restricted stock units financial
"It excludes unvested performance-based restricted stock units which will be reported"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
beneficially owned financial
"The total securities beneficially owned includes shares of unvested restricted stock units"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
tax withholding obligation financial
"shares withheld for satisfaction of a tax withholding obligation arising as a result"
FAQ
What insider transaction did TNET disclose for Timothy N. Nimmer?
TriNet Group (TNET) disclosed that Timothy N. Nimmer had 877 shares of common stock withheld on August 15, 2026 to satisfy tax withholding obligations arising from the vesting of multiple restricted stock unit awards at a price of $68.75 per share.
Was the August 15, 2026 TNET insider transaction an open-market sale?
No. The Form 4 for TriNet Group (TNET) states the Code F transactions were for payment of tax liability by withholding shares upon RSU vesting, not discretionary open-market sales of common stock.
Which equity awards triggered the TNET tax-withholding transactions for Timothy N. Nimmer?
The Form 4 for TriNet Group (TNET) explains that the withheld shares relate to vesting portions of restricted stock unit awards originally granted on July 15, 2024, March 21, 2025, and March 20, 2026 to Timothy N. Nimmer.
What does the Form 4 say about Timothy N. Nimmer’s remaining TNET equity awards?
TriNet Group (TNET) notes that total securities beneficially owned by Timothy N. Nimmer include unvested restricted stock units but exclude unvested performance-based RSUs, which will be reported later if earned upon achievement of specified performance criteria.
AI-generated analysis. How Rhea-AI works. Not financial advice.