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TriNet (TNET) EVP earns 16,199 PRSUs from 2025 performance period

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TRINET GROUP, INC. executive vice president Venkataramani Jayaraman acquired 16,199 shares of common stock through a performance-based restricted stock unit award that was earned based on results for the period ending December 31, 2025. After this award, his total beneficial ownership is 75,464 shares, which includes unvested restricted stock units but excludes unearned performance-based units.

The earned PRSUs will convert into common stock over time, vesting 50% on December 31, 2026 and 50% on December 31, 2027, subject to continued service and potential accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of TriNet common stock upon vesting.

Positive

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Venkataramani Jayaraman

(Last) (First) (Middle)
TRINET GROUP, INC.
ONE PARK PLACE, SUITE 600

(Street)
DUBLIN CA 94568

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRINET GROUP, INC. [ TNET ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Strat, Prdts & Transf
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 A 16,199(1) A $0 75,464(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the portion of a performance-based restricted stock unit award (the "PRSUs") made on March 21, 2025 that was determined to be earned based on performance for the period ending December 31, 2025. The PRSUs will vest as follows: 50% on December 31, 2026 and 50% on December 31, 2027, subject to continued service through each such date and are subject to accelerated vesting upon certain events. Each PRSU represents a contingent right to receive one share of TNET common stock upon vesting.
2. 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.
Remarks:
/s/ Sheryl Southwick, Attorney-in-fact 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did TriNet (TNET) report for Venkataramani Jayaraman?

TriNet reported that EVP Venkataramani Jayaraman acquired 16,199 shares of common stock through an earned performance-based restricted stock unit award. The award reflects performance for the period ending December 31, 2025 and will settle in shares as the units vest over time.

How many TriNet (TNET) shares does Venkataramani Jayaraman now beneficially own?

Following the reported award, Venkataramani Jayaraman beneficially owns 75,464 shares of TriNet common stock. This figure includes shares underlying unvested restricted stock units but excludes unvested performance-based restricted stock units that will only be reported when earned upon meeting performance criteria.

What are the vesting terms of the 16,199 TriNet (TNET) performance-based RSUs?

The 16,199 performance-based restricted stock units will vest in two equal installments: 50% on December 31, 2026 and 50% on December 31, 2027. Vesting is subject to continued service and the units are also eligible for accelerated vesting upon certain specified events.

What performance period determined the earning of the TriNet (TNET) PRSUs for Jayaraman?

The reported PRSUs were part of an award made on March 21, 2025 and were determined to be earned based on performance for the period ending December 31, 2025. Only the earned portion is reflected in this Form 4 transaction disclosure.

Does the TriNet (TNET) Form 4 award involve any cash payment by the executive?

No cash payment is indicated, as the transaction price per share is reported as 0.0000. The Form 4 characterizes the event as a grant or award acquisition of common stock through performance-based restricted stock units rather than an open-market purchase of shares.

How do unvested awards affect the reported TriNet (TNET) share ownership?

The total beneficial ownership of 75,464 shares includes shares underlying unvested restricted stock units that have already been granted. It specifically excludes unvested performance-based restricted stock units that have not yet been earned under their performance criteria and will be reported when earned.
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