TriNet CTO awarded 16,199 performance stock units
TriNet Group Chief Technology Officer Jeffery Jon Hayward acquired 16,199 shares of common stock through a performance-based restricted stock unit award.
Rhea-AI Filing Summary
TriNet Group Chief Technology Officer Jeffery Jon Hayward acquired 16,199 shares of common stock through a performance-based restricted stock unit award. This represents the earned portion of PRSUs granted on March 21, 2025, based on performance for the period ending December 31, 2025.
The PRSUs will vest 50% on December 31, 2026 and 50% on December 31, 2027, subject to continued service and possible accelerated vesting upon certain events. After this award, Hayward beneficially owns 40,977.3487 shares, including unvested restricted stock units but excluding unearned performance-based units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,199 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TriNet Group (TNET) CTO Jeffery Jon Hayward report?
What are the vesting terms of Jeffery Jon Hayward’s 16,199 TriNet Group PRSUs?
What performance period determined Jeffery Jon Hayward’s earned PRSUs at TriNet Group?
How does this TriNet Group PRSU award convert into common stock for Jeffery Jon Hayward?
Do Jeffery Jon Hayward’s reported TriNet holdings include all performance-based units?
AI-generated analysis. How Rhea-AI works. Not financial advice.