Venkataramani Jayaraman 4

What Happened
Venkataramani Jayaraman, Executive VP — Strategy, Products & Transformation at TriNet Group, received 457 shares as an award/acquisition on May 15, 2026 (457 shares x $34.44 = $15,739). On the same date, a total of 1,785 shares were disposed (withheld) to satisfy tax withholding obligations tied to the vesting of restricted stock units (sales reported at $39.64 per share, total ≈ $70,759). These withholding transactions (code F) are routine tax-related dispositions rather than open-market sales.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 19, 2026.
• Award: 457 shares acquired at $34.44 each (total $15,739).
• Withheld/disposed: 429, 291, 179, 293 and 593 shares (total 1,785) at $39.64 each (total ≈ $70,759).
• Footnotes:
  • One acquisition was under the TriNet 2014 Employee Stock Purchase Plan (exempt under Rule 16b-3(c)/(d)).
  • The withheld shares satisfy tax withholding from RSU vesting related to awards granted on 7/15/2022, 3/15/2023, 3/15/2024, 3/21/2025 and 3/20/2026.
  • The filing notes beneficial ownership includes unvested restricted stock units but excludes performance-based RSUs until earned.
• Filing timeliness: report filed 4 days after the transaction date (May 19 covering May 15); check the filing for any timeliness flag if that matters to you.

Context

• Code F transactions are tax-withholding dispositions tied to RSU vesting and are common; they do not necessarily reflect a decision to "sell" for investment reasons.
• The award (A) increases holdings by the noted shares, while the withheld shares reduce net share increases to cover taxes.
• For retail investors, purchases or open-market buys usually convey a clearer bullish signal than routine withholding events like these.