Atairos Partners, L.P. 4

What Happened

• AGI-T, L.P. (reported as a 10% owner) was granted 4,735 restricted stock units (RSUs) in TriNet Group, Inc. on May 28, 2026. The RSUs were awarded at $0.00 per unit (no cash paid) and convert one-for-one into TriNet common stock when they vest.
• The RSUs will vest 100% on the earlier of the 12‑month anniversary of the grant or the trading day before TriNet’s 2027 Annual Meeting, subject to continued service, with possible accelerated vesting upon certain events. Per the filing, Mr. Michael J. Angelakis is connected to the reporting group and directly beneficially owns 34,735 shares that were previously delivered to him; together with the 4,735 RSUs this represents 39,470 shares/units attributable to him.

Key Details

• Transaction date: 2026-05-28; Filing date: 2026-06-01 (filed within the Form 4 reporting window).
• Transaction type/code: A (Award/Grant); amount: 4,735 RSUs; price: $0.00; immediate cash value reported as $0.
• Shares/units reported after the transaction: 4,735 RSUs plus 34,735 shares directly beneficially owned by Mr. Angelakis (total 39,470, per footnote F2). The filing also notes other holdings attributed to related entities (see footnotes F5–F6) but does not list those specific counts in the summary.
• Important footnotes: RSUs convert 1:1 to common stock and vest as described; several related reporting persons/entities (Atairos/AGI-T/A‑A SMA etc.) are listed and disclaim beneficial ownership except to the extent of pecuniary interest; accelerated vesting may occur on certain events.

Context

• This is an equity award (director compensation), not a purchase or sale — awards don’t necessarily signal a buy/sell conviction by themselves.
• The reporting group includes institutional and related-party entities (Atairos and controlled affiliates) and Michael J. Angelakis, who controls the top-level entity and serves on TriNet’s board; filings reflect both the institutional 10% owner and related individual holdings.
• For retail investors: RSU grants increase potential future share count when vested and converted, but carry no immediate cash transaction; monitor upcoming vesting conditions and any subsequent sales or transfers for further insider activity.