TriNet (NYSE: TNET) exec uses 1,605 shares to cover RSU taxes
Rhea-AI Filing Summary
TRINET GROUP, INC. (TNET) reported that executive officer Venkataramani Jayaraman, EVP Strategy, Products & Transformation, had a series of non-market transactions in Common Stock on August 15, 2026. In four code F transactions, a total of 1,605 shares were disposed of at $68.75 per share in connection with tax withholding obligations triggered by the vesting of portions of restricted stock unit awards granted on March 15, 2023, March 15, 2024, March 21, 2025, and March 20, 2026. The beneficially owned total continues to include unvested restricted stock units but excludes performance-based units that will be reported when earned.
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Insider Trade Summary
Net Seller: 1,605 shares
Net Sell
4 txns
Insider
Venkataramani Jayaraman
Role
EVP Strat, Prdts & Transf
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 292 | $68.75 | $20K |
| Tax Withholding | Common Stock F3, F2 | 254 | $68.75 | $17K |
| Tax Withholding | Common Stock F4, F2 | 415 | $68.75 | $29K |
| Tax Withholding | Common Stock F5, F2 | 644 | $68.75 | $44K |
Holdings After Transaction:
Common Stock — 98,966 shares (Direct)
Footnotes (5)
- 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 March 15, 2023.
- 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 15, 2024
- 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 21, 2025.
- F5. 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
Total shares withheld for taxes: 1,605 shares
Shares withheld from 2023 RSU grant: 292 shares
Shares withheld from 2024 RSU grant: 254 shares
+3 more
6 metrics
Total shares withheld for taxes
1,605 shares
Aggregate code F tax-withholding dispositions on August 15, 2026
Shares withheld from 2023 RSU grant
292 shares
Tax withholding from RSU award granted March 15, 2023
Shares withheld from 2024 RSU grant
254 shares
Tax withholding from RSU award granted March 15, 2024
Shares withheld from 2025 RSU grant
415 shares
Tax withholding from RSU award granted March 21, 2025
Shares withheld from 2026 RSU grant
644 shares
Tax withholding from RSU award granted March 20, 2026
Per-share value used
$68.75 per share
Valuation applied to all August 15, 2026 tax-withholding transactions
Key Terms
restricted stock unit, performance-based restricted stock units, beneficially owned, tax withholding obligation
4 terms
restricted stock unit financial
"the vesting of a portion of the restricted stock unit award granted on March 15, 2023"
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.
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 of the vesting"
FAQ
What insider activity did TNET executive Venkataramani Jayaraman report on August 15, 2026?
On August 15, 2026, TNET executive Venkataramani Jayaraman reported four code F transactions disposing of 1,605 shares of Common Stock at $68.75 per share to satisfy tax withholding obligations arising from vesting restricted stock units.
Were the August 15, 2026 TNET Form 4 transactions open-market sales?
No. The Form 4 states the code F transactions represent shares withheld for tax withholding obligations tied to vesting RSU awards, rather than open-market stock sales, and are described as payment of tax liability by delivering or withholding securities.
How does the Form 4 describe Jayaraman’s remaining TNET equity holdings?
The filing explains that total securities beneficially owned include unvested restricted stock units, but specifically exclude unvested performance-based restricted stock units, which will only be reported when earned upon achievement of specified performance criteria.
AI-generated analysis. How Rhea-AI works. Not financial advice.