TriNet Group Inc. filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits
$TNET
Business Services
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 4, 2024
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Registrant’s telephone number, including area code: (510 ) 352-5000
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Securities registered pursuant to Section 12(b) of the Act:
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain
On September 4, 2024, Samantha Wellington resigned her position as Executive Vice President, Business Affairs, Chief Legal Officer, and Secretary of TriNet Group, Inc. (the “Company”) effective September 16, 2024. Ms. Wellington will continue her employment with TriNet USA, Inc., a wholly owned subsidiary of the Company, as a special advisor to the Chief Executive Officer of the Company, until October 4, 2024 (the period between and including September 16, 2024 and October 4, 2024 the “Transition Period”). Ms. Wellington’s compensation and benefits, as well as the terms of her agreement with TriNet USA, Inc., will remain unchanged during the Transition Period but for the aforementioned change to her title and role.
Item 8.01. Other Events.
Related to Ms. Wellington’s resignation, on September 5, 2024, the Company issued a press release announcing the appointment of Sidney Majalya as the Company’s Senior Vice President, Chief Legal Officer and Secretary, effective September 16, 2024, as well as Ms. Wellington’s resignation. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
On September 5, 2024, with effect on and from September 16, 2024, the Company’s Board of Directors designated Mr. Majalya as an executive officer of the Company under Rule 3b-7 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as an officer of the Company under Section 16 of the Exchange Act. The Board also appointed Mr. Majalya as Secretary of the Company effective September 16, 2024.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Number | Description | ||||
| 99.1 | Press Release, dated September 5, 2024. | ||||
104 | Cover Page Interactive Data File (embedded with the Inline XBRL document) | ||||
INDEX TO EXHIBITS
| Exhibit Number | Description | ||||
| 99.1 | |||||
| 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document) | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TriNet Group, Inc. | |||||||||||||||||||||||||||||||||||
| Date: | September 5, 2024 | By: | /s/ Samantha Wellington | ||||||||||||||||||||||||||||||||
| Samantha Wellington | |||||||||||||||||||||||||||||||||||
| Executive Vice President, Business Affairs, Chief Legal Officer and Secretary | |||||||||||||||||||||||||||||||||||