4Accepted Aug 24, 5:33 PM ET
TRINET (TNET) SVP & CLO Sidney Majalya Sells 775 Shares
Accepted (ET)
5:33 PM
Aug 24, 2026
Filed
Aug 24, 2026
Documents
1
Size
5.3 KB
Summary
TRINET (TNET) SVP & CLO Sidney Majalya Sells 775 Shares
What Happened
Sidney A. Majalya, SVP, Chief Legal Officer and Secretary of TriNet Group, sold 775 shares of TriNet common stock on August 20, 2026 at $68.53 per share, generating gross proceeds of approximately $53,111. The transaction is reported as a sale (code S) and was executed under a pre-established 10b5-1 trading plan.
Key Details
- Transaction date: 2026-08-20; Filing date: 2026-08-24 (Form 4 filed timely).
- Sale: 775 shares at $68.53 per share; total proceeds ≈ $53,111.
- Transaction type: Open market or private sale (reported as S).
- Plan disclosure: Sale effected pursuant to a 10b5-1 trading plan established May 23, 2025 (Footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt; filing notes total beneficial ownership includes unvested restricted stock units and excludes unvested performance-based RSUs (Footnote F2).
Context
This was a sale, not a purchase or award. Because it was effected under a 10b5-1 plan (pre-arranged), the trade was likely scheduled in advance and may not reflect a change in the insider’s view of the company. For full ownership figures and additional details, consult the complete Form 4 filing (Accession: 0002038202-26-000016).