TriNet Group (TNET) CEO reports 4,100 shares withheld for tax on RSU vesting
Rhea-AI Filing Summary
TriNet Group, Inc. reported an insider share withholding transaction by its President & CEO, who also serves as a Director. On 12/31/2025, 4,100 shares of common stock were withheld at a price of $59.44 per share to cover tax obligations from the vesting of a portion of a performance-based restricted stock unit award granted on March 15, 2024. Following this transaction, the insider beneficially owns 109,315 shares, which include unvested restricted stock units but exclude unvested performance-based restricted stock units that will be reported when earned based on performance criteria.
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FAQ
What insider transaction did TriNet Group (TNET) report in this filing?
The filing reports that 4,100 shares of TriNet Group common stock were withheld on 12/31/2025 to satisfy tax withholding obligations related to vesting performance-based restricted stock units.
Who is the reporting person in the TriNet Group (TNET) insider transaction?
The reporting person is an individual who serves as both a Director and the President & CEO of TriNet Group, Inc.
What was the price used for the TriNet Group (TNET) share withholding?
The 4,100 withheld shares of TriNet Group common stock were valued at $59.44 per share for purposes of satisfying the tax obligation.
How many TriNet Group (TNET) shares does the insider own after this transaction?
After the reported transaction, the insider beneficially owns 109,315 shares of TriNet Group common stock.
Do the reported TriNet Group (TNET) holdings include unvested restricted stock units?
Yes. The total beneficially owned securities include shares underlying unvested restricted stock units, but they exclude unvested performance-based restricted stock units, which will be reported when earned upon meeting performance criteria.
Was this TriNet Group (TNET) insider transaction a sale for cash?
No. The 4,100 shares were withheld by the issuer to satisfy a tax withholding obligation triggered by the vesting of a performance-based restricted stock unit award.