Form 4: TPG Inc. CEO Jon Winkelried Receives Additional Partnership Units
SEC Form 4 Filing
TPG Inc.'s CEO, Jon Winkelried, acquired additional units in TPG Partner Holdings, L.P. due to forfeiture by a former partner.
Summary
- On February 14, 2025, Jon Winkelried, CEO of TPG Inc., received 4,886 additional units of TPG Partner Holdings, L.P. (TPH Units).
- These units were allocated automatically due to forfeiture by a former partner of Partner Holdings.
- Winkelried also acquired 1,034 TPG Partner Holdings, L.P. Units through a personal investment vehicle.
- Additionally, 518 TPG Partner Holdings, L.P. Units were acquired by a family trust.
- TPH Units are exchangeable for cash or Class A common stock of TPG Inc. on a one-for-one basis.
- The reporting person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (allocation of partnership units) with no apparent negative implications. It's a routine filing related to executive compensation.
Future Outlook
The document does not contain specific forward-looking statements beyond the standard exchange agreement terms.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies like TPG Inc.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to the potential dilution from the exchange of TPH Units for Class A common stock.
Key Dates
| Date | Description |
|---|---|
| December 29, 2021 | Date of power of attorney granted to Bradford Berenson. |
| November 2, 2023 | Date of Amended and Restated Exchange Agreement filed by TPG Inc. with the SEC. |
| February 14, 2025 | Date of transaction: Allocation of TPH Units to Jon Winkelried. |
| February 19, 2025 | Date of signature on the Form 4 filing. |
Keywords
TPG Inc., Jon Winkelried, TPG Partner Holdings, L.P., TPH Units, Class A Common Stock, Beneficial Ownership, Form 4, Securities Exchange Act
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.