TriNet (NYSE: TNET) CRO RSU vesting prompts tax withholding at $68.75
Rhea-AI Filing Summary
TRINET GROUP, INC. (TNET) reported that officer Anthony Shea Treadway, SVP and Chief Revenue Officer, disposed of shares of Common Stock on August 15, 2026 in connection with equity compensation vesting. Three Form 4 code F transactions totaling 1,104 shares were used to satisfy tax withholding obligations at $68.75 per share.
Footnotes state these shares were withheld upon vesting of portions of restricted stock unit awards granted on August 15, 2024, March 21, 2025, and March 20, 2026. The total securities beneficially owned by Treadway include unvested restricted stock units, and exclude unvested performance-based restricted stock units which will be reported when earned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,104 shares
Net Sell
3 txns
Insider
Treadway Anthony Shea
Role
SVP, Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 381 | $68.75 | $26K |
| Tax Withholding | Common Stock F3, F2 | 238 | $68.75 | $16K |
| Tax Withholding | Common Stock F4, F2 | 485 | $68.75 | $33K |
Holdings After Transaction:
Common Stock — 66,574 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 August 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
Shares withheld for taxes (RSU grant 8/15/2024): 381 shares
Shares withheld for taxes (RSU grant 3/21/2025): 238 shares
Shares withheld for taxes (RSU grant 3/20/2026): 485 shares
+2 more
5 metrics
Shares withheld for taxes (RSU grant 8/15/2024)
381 shares
Code F disposition on August 15, 2026 at $68.75 per share
Shares withheld for taxes (RSU grant 3/21/2025)
238 shares
Code F disposition on August 15, 2026 at $68.75 per share
Shares withheld for taxes (RSU grant 3/20/2026)
485 shares
Code F disposition on August 15, 2026 at $68.75 per share
Total shares withheld for tax liabilities
1,104 shares
Sum of three code F tax-withholding transactions on August 15, 2026
Per-share value used for tax withholding
$68.75 per share
Applied to all three Common Stock withholding transactions
Key Terms
restricted stock unit, performance-based restricted stock units, tax withholding obligation, beneficially owned
4 terms
restricted stock unit financial
"vesting of a portion of the restricted stock unit award granted on August 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 when earned"
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.
tax withholding obligation financial
"shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting"
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.
FAQ
What insider transaction did TNET report for Anthony Shea Treadway?
TNET reported that Anthony Shea Treadway had 1,104 shares of Common Stock withheld on August 15, 2026. These code F transactions satisfied tax withholding obligations arising from vesting of previously granted restricted stock unit awards.
Do the TNET figures include all of Anthony Treadway’s outstanding equity awards?
The beneficially owned total includes unvested restricted stock units, but excludes unvested performance-based RSUs. The filing states those performance-based units will be reported when earned upon achievement of specified performance criteria.
Were Anthony Treadway’s TNET transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes describe these as tax-withholding events. They represent administrative share withholdings for tax obligations, not open-market purchases or sales under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.