TriNet (NYSE: TNET) SVP withholds shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TriNet Group SVP Timothy N. Nimmer reported two tax-related share dispositions tied to restricted stock unit (RSU) vesting. On February 15, 2026, 200 shares of common stock were withheld at $39.82 per share to satisfy tax obligations from an RSU grant dated July 15, 2024. An additional 282 shares were withheld at the same price for taxes on an RSU grant dated March 21, 2025.
Both transactions are coded as a tax-withholding disposition, not open-market sales, and are held directly. After these withholdings, Nimmer beneficially owns 22,700 shares of TriNet common stock, including certain unvested RSUs but excluding performance-based RSUs that will be reported when earned.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nimmer Timothy N
Role
SVP, Insurance Services & Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 200 | $39.82 | $8K |
| Tax Withholding | Common Stock | 282 | $39.82 | $11K |
Holdings After Transaction:
Common Stock — 22,982 shares (Direct)
Footnotes (1)
- 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. 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 March 21, 2025.