LOWELL WAYNE B 4

What Happened

• Wayne B. Lowell, a director of TriNet Group, Inc. (TNET), was granted 4,735 restricted stock units (RSUs) on 2026-05-28 and transferred 2,649 shares to a family trust via gifts on 2026-05-27. All transactions show $0.00 per share (no cash paid or received).

Key Details

• Transaction types: Gift (G) — 2,649 shares transferred to a trust on 2026-05-27; Award/Grant (A) — 4,735 RSUs granted on 2026-05-28.
• Prices: $0.00 per share for both the gifts and the RSU grant (typical for gifts and equity awards).
• Net effect: No cash proceeds; Lowell has 4,735 additional RSUs that will convert one-for-one into common stock if and when they vest.
• Vesting: The RSUs 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 and possible accelerated vesting on certain events (per footnote).
• Trust note: The 2,649 gifted shares were moved to the Lowell Revocable Living Trust; the reporting person and spouse serve as trustees and beneficiaries (per footnotes).
• Filing: Report filed 2026-05-29 covering transactions on 2026-05-27 and 2026-05-28. No late‑filing flag indicated.

Context

• Gifts do not reflect a buy/sell decision about company stock and are often for estate or tax planning; they do not necessarily indicate the insider’s view of the stock.
• RSU grants are compensation/retentive awards for directors; they convert to common shares upon vesting (one-for-one) and are different from open-market purchases, which are stronger bullish signals for retail investors.