The estimated Net Worth of Martin Babinec is at least $160 Million dollars as of 24 May 2022. Mr. Babinec owns over 2,576 units of TriNet Inc stock worth over $199,741 and over the last 10 years he sold TNET stock worth over $159,518,191. In addition, he makes $257,510 as Independent Director at TriNet Inc.
Martin has made over 91 trades of the TriNet Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 2,576 units of TNET stock worth $194,153 on 24 May 2022.
The largest trade he's ever made was selling 115,000 units of TriNet Inc stock on 6 April 2018 worth over $5,432,600. On average, Martin trades about 31,039 units every 28 days since 2014. As of 24 May 2022 he still owns at least 2,099 units of TriNet Inc stock.
You can see the complete history of Mr. Babinec stock trades at the bottom of the page.
Martin D. Babinec serves as Independent Director of the Company. Mr. Babinec founded TriNet in 1988 and has served on our Board since that time, serving as Chair until December 2009. From 1988 until May 2008, he also served as our Chief Executive Officer. Mr. Babinec founded and serves as Managing Director of UpVentures Capital, an early-stage investor, co-founded and is a member of the management committee of Rock City Development LLC, founded and serves as Chair of non-profits Upstate Venture Connect and Entrepreneurs Across Borders, both of which are entrepreneur-led non-profits, and cofounded and serves as Chair of the StartFast Venture Accelerator, a mentorship-driven startup accelerator. Mr. Babinec holds a B.S. in Business Administration from Shippensburg University. The Nominating and Corporate Governance Committee believes that Mr. Babinec is qualified to serve on our Board based on his significant business experience, both inside and outside our industry, and because his role as our founder and former Chief Executive Officer brings unique insight to the Board.
As the Independent Director of TriNet Inc, the total compensation of Martin Babinec at TriNet Inc is $257,510. There are 15 executives at TriNet Inc getting paid more, with Burton Goldfield having the highest compensation of $5,626,020.
Martin Babinec is 65, he's been the Independent Director of TriNet Inc since 2008. There are 3 older and 17 younger executives at TriNet Inc. The oldest executive at TriNet Group Inc is H. Raymond Bingham, 74, who is the Independent Director.
Martin's mailing address filed with the SEC is TRINET GROUP, INC., ONE PARK PLACE, SUITE 600, DUBLIN, CA, 94568.
Over the last 11 years, insiders at TriNet Inc have traded over $4,929,443,332 worth of TriNet Inc stock and bought 1,957,125 units worth $100,178,954 . The most active insiders traders include David C Hodgson, Atlantic Partners 84, L.P.G..., and Atlantic Llcgeneral Atlanti.... On average, TriNet Inc executives and independent directors trade stock every 7 days with the average trade being worth of $32,711,440. The most recent stock trade was executed by Kelly L Tuminelli on 29 August 2024, trading 4,683 units of TNET stock currently worth $482,162.
trinet provides hr solutions to small to mid-sized businesses so you can focus on what your company does best. our bundled hr products, trinet cloud applications and strategic services simplify your hr. tailored by industry, trinet's bundled hr products cover the core services of payroll, benefits, risk & compliance, an hr team and a cloud platform. trinet partners with more than 12,000 clients (as of 09/30/15) in a variety of industries. we managed more than $25 billion in payroll and payroll taxes in 2014.
TriNet Inc executives and other stock owners filed with the SEC include: