TriNet (TNET) EVP earns 16,199 PRSUs from 2025 performance period
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Venkataramani Jayaraman
Role
EVP Strat, Prdts & Transf
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,199 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 75,464 shares (Direct)
Footnotes (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. 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.
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.
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.