Form 4: TPG Inc. Chief Compliance Officer Reports Stock Sale After Unit Exchange
SEC Form 4 Filing
Joann Harris, Chief Compliance Officer of TPG Inc., reports the exchange of TPG Partner Holdings units for Class A common stock and subsequent sale of shares.
Summary
- On February 27, 2024, Joann Harris, Chief Compliance Officer of TPG Inc., exchanged 23,745 units of TPG Partner Holdings, L.P. for an equal number of Class A common stock shares.
- On February 29, 2024, Ms. Harris sold 23,745 shares of Class A common stock at a price of $41.64 per share.
- Following these transactions, Ms. Harris directly owns 22,860 shares of Class A common stock and indirectly owns 0 shares through a personal investment vehicle.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding their holdings and trading activities.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the insider selling activity, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| January 3, 2022 | Power of attorney granted to Bradford Berenson. |
| November 2, 2023 | Amended and Restated Exchange Agreement filed with the SEC. |
| February 27, 2024 | Exchange of 23,745 TPG Partner Holdings units for Class A common stock. |
| February 29, 2024 | Sale of 23,745 shares of Class A common stock at $41.64 per share. |
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