Form 4: Tiptree Inc. Director Paul M. Friedman Reports Acquisition of Shares as Part of Retainer Fee

Director Paul M. Friedman acquired 1,547 shares of Tiptree Inc. as part of his annual retainer fee, bringing his total indirect ownership to 116,948 shares held through a living trust.

Summary

• On April 3, 2025, Paul M. Friedman, a director of Tiptree Inc., acquired 1,547 shares of common stock.
• The acquisition was part of the director's annual retainer fee, paid quarterly in arrears.
• The shares were acquired at a price of $0, indicating they were received as compensation rather than purchased.
• Following the transaction, Friedman beneficially owns 116,948 shares indirectly through The Paul M. Friedman Living Trust.
• All director fees issued in shares are deposited into the Living Trust at the director's request.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and expected practice. There are no indications of negative sentiment.

Positives

• The acquisition of shares by a director demonstrates alignment with shareholder interests.

Industry Context

Director compensation in the form of stock is a common practice to align the interests of board members with those of shareholders.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates

Keywords

Tiptree Inc., Director, Paul M. Friedman, Stock Acquisition, Retainer Fee, Beneficial Ownership, Living Trust, Form 4