Nimmer Timothy N 4
Research Summary
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TriNet (TNET) SVP Timothy Nimmer Receives Restricted Stock Award
What Happened Timothy N. Nimmer, SVP, Insurance Services & Operations at TriNet Group, received a grant of 26,435 restricted stock units (RSUs) on March 20, 2026. The award was reported as an "A" (award/acquisition) transaction at a $0.00 acquisition price (typical for RSU grants). This is an equity grant (not a purchase or sale) and represents potential future shares subject to vesting.
Key Details
- Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (timely filing).
- Security: 26,435 restricted stock units; reported acquisition price: $0.00 (grant).
- Vesting: 4-year schedule — one-sixteenth of the total shares vest quarterly on the 15th day of the second month of each calendar quarter following the grant. Vesting may accelerate upon certain events (per filing).
- Shares owned after transaction: not specified in the provided excerpt of this filing.
- Footnotes: F1 describes the RSU grant and vesting schedule/possible accelerated vesting; F2 notes total beneficial ownership reported includes unvested RSUs but excludes unvested performance-based RSUs (those will be reported if/when earned).
- Transaction code: A = Award/Grant.
Context This filing documents an unvested equity award to a company officer — a common form of employee compensation and retention. Because these are RSUs (not an open‑market purchase or sale), the grant itself does not signal an immediate buy or sell of shares and recipients typically receive actual shares only as units vest.