TRINET GROUP, INC.·4

Feb 18, 5:48 PM ET

Nimmer Timothy N 4

Research Summary

AI-generated summary

Updated

TriNet (TNET) SVP Timothy N. Nimmer Sells Shares for Tax Withholding

What Happened
Timothy N. Nimmer, Senior Vice President, Insurance Services & Operations at TriNet Group (TNET), had a total of 482 shares disposed (withheld) to satisfy tax withholding obligations arising from the vesting of restricted stock units. On February 15, 2026, 200 shares were withheld at $39.82 per share ($7,964) and 282 shares were withheld at $39.82 per share ($11,229), for a combined value of approximately $19,193. This was not an open-market sale for investment purposes but a routine tax-withholding disposition tied to RSU vesting.

Key Details

  • Transaction date: February 15, 2026. Filing date (Form 4): February 18, 2026. (No late-filing flag shown in the excerpt.)
  • Price: $39.82 per share for both withholdings.
  • Shares withheld/disposed: 200 shares (F1) and 282 shares (F3); total 482 shares; total value ≈ $19,193.
  • Transaction code: F — shares withheld to satisfy tax withholding on vesting of restricted stock units.
  • Footnotes: F1 = withholding from RSU grant dated July 15, 2024; F3 = withholding from RSU grant dated March 21, 2025. F2 notes total beneficial ownership includes unvested RSUs but excludes performance-based RSUs until earned.
  • Shares owned after transaction: not specified in the provided excerpt.

Context

  • These were tax-withholding dispositions tied to RSU vesting (a common administrative action), not an open-market sale that necessarily signals a change in insider sentiment.
  • For retail investors, purchases and open-market sales are typically more indicative of insider sentiment; withholding to cover taxes is routine.