Hayward Jeffery Jon 4
4 · TRINET GROUP, INC. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
TriNet (TNET) CTO Jeff Hayward Withholds 808 Shares for Taxes
What Happened
Jeff Hayward, Chief Technology Officer of TriNet Group, had 808 shares withheld on Feb 15, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs). The shares were withheld at $39.82 per share in four withholdings (237, 181, 148, 242 shares), with reported line values of $9,437; $7,207; $5,893; and $9,636, respectively, for a total reported value of $32,173. This transaction is a tax withholding (code F) tied to RSU vesting and is routine rather than an open-market sale.
Key Details
- Transaction date: 2026-02-15; filing date: 2026-02-18. No late filing is indicated in the filing excerpt.
- Price per share reported: $39.82.
- Withheld shares by line: 237 ($9,437), 181 ($7,207), 148 ($5,893), 242 ($9,636); total withheld = 808 shares, total reported value = $32,173.
- Footnotes: F1, F3, F4, F5 indicate the withholding resulted from vesting of RSU awards granted on July 15, 2022; March 15, 2023; March 15, 2024; and March 21, 2025, respectively. F2 notes that total beneficial ownership reported includes unvested RSUs and excludes unvested performance-based RSUs (those will be reported when earned).
- Transaction code meaning: F = shares withheld to satisfy tax withholding obligation (cashless/tax-withholding event), not an open-market sale.
Context
Share withholdings to cover taxes are a common, administrative result of equity vesting (a cashless/tax settlement). They do not necessarily indicate insider buying or selling intent in the market. For retail investors, purchases by insiders tend to be more meaningful signals than routine tax withholdings; this filing documents that RSUs vested and taxes were satisfied via share withholding.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-15$39.82/sh−237$9,437→ 25,349.349 total - Tax Payment
Common Stock
[F3][F2]2026-02-15$39.82/sh−181$7,207→ 25,168.349 total - Tax Payment
Common Stock
[F4][F2]2026-02-15$39.82/sh−148$5,893→ 25,020.349 total - Tax Payment
Common Stock
[F5][F2]2026-02-15$39.82/sh−242$9,636→ 24,778.349 total
Footnotes (5)
- [F1]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, 2022.
- [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 March 15, 2023.
- [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 15, 2024.
- [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 21, 2025.