Ranganathan Madhu 4
Research Summary
AI-generated summary
TriNet Director Ranganathan Madhu Receives 4,735 RSUs
What Happened
- Ranganathan Madhu, a director of TriNet Group, Inc. (TNET), received a grant of 4,735 restricted stock units (RSUs) on 2026-05-28. The grant price is $0.00 per share (award), so no cash was exchanged. The RSUs convert one-for-one into common stock when they vest.
Key Details
- Transaction date: 2026-05-28; transaction type: Award/Grant (code A); price per share: $0.00.
- Grant size: 4,735 RSUs; total value at grant not provided (grant price $0.00).
- Vesting: RSUs vest 100% on the earlier of the 12-month anniversary of the grant or the trading day before the Company’s 2027 Annual Meeting, subject to continued service; they may vest sooner upon certain events (see footnote).
- Beneficial ownership: The filing notes total securities beneficially owned includes these unvested RSUs (exact post-grant share total not specified in the provided data).
- Filing date: 2026-06-01 (four days after the transaction date). Note: Section 16 filers generally must file Form 4 within two business days of a reportable transaction; this filing date is later than the transaction date shown.
Context
- RSU grants are compensation awards, not open-market purchases or sales, and typically reflect standard director compensation rather than an insider trading signal. These RSUs convert to common shares on vesting (one-for-one). Accelerated vesting provisions may apply on certain corporate events per the footnote.