Nimmer Timothy N 4
4 · TRINET GROUP, INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
TRINET (TNET) SVP Timothy Nimmer Buys 405 Shares; 877 Withheld
What Happened
Timothy N. Nimmer, SVP, Insurance Services & Operations at TriNet Group (TNET), acquired 405 shares on May 15, 2026 under the company's Employee Stock Purchase Plan at $34.44 per share (total $13,948). On the same date, 877 shares were withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (three withholding events at $39.64 per share, total value $34,764). The ESPP purchase is a routine employee acquisition; the withheld shares represent tax-withholding from RSU vesting rather than open-market sales.
Key Details
- Transaction date(s): May 15, 2026 (reported on Form 4 filed May 19, 2026). Filing appears timely.
- Purchases: 405 shares @ $34.44 = $13,948 (acquired under TriNet 2014 Employee Stock Purchase Plan; footnote F1).
- Withholdings/dispositions: 167 shares @ $39.64 = $6,620 (F3); 235 shares @ $39.64 = $9,315 (F4); 475 shares @ $39.64 = $18,829 (F5). Total withheld = 877 shares / $34,764.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes: F1 = ESPP acquisition exempt under Rule 16b-3(c)/(d). F3–F5 = shares withheld to satisfy tax obligations from RSU vesting on 7/15/2024, 3/21/2025 and 3/20/2026. F2 notes total beneficial ownership includes unvested RSUs but excludes unvested performance RSUs until earned.
Context
- The acquisition was via the Employee Stock Purchase Plan (routine payroll/plan purchase), and the disposals were tax-withholding related to vested RSUs—not open-market sales.
- These types of withholdings are common following RSU vesting and do not necessarily indicate a change in insider sentiment.
Insider Transaction Report
Form 4
Nimmer Timothy N
SVP, Insurance Services & Ops
Transactions
- Award
Common Stock
[F1][F2]2026-05-15$34.44/sh+405$13,948→ 65,739 total - Tax Payment
Common Stock
[F3][F2]2026-05-15$39.64/sh−167$6,620→ 65,572 total - Tax Payment
Common Stock
[F4][F2]2026-05-15$39.64/sh−235$9,315→ 65,337 total - Tax Payment
Common Stock
[F5][F2]2026-05-15$39.64/sh−475$18,829→ 64,862 total
Footnotes (5)
- [F1]These shares were acquired under the TriNet Group, Inc. 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).
- [F2]The total securities beneficially owned includes shares of unvested restricted stock units. It excludes unvested performance-based restricted stock units which will be reported when earned upon achievement of certain performance criteria.
- [F3]Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on July 15, 2024.
- [F4]Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 21, 2025.
- [F5]Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of a portion of the restricted stock unit award granted on March 20, 2026.
Signature
/s/ Melissa Shimizu, Attorney-in-fact|2026-05-19