Form 4: TPG Inc. COO Anilu Vazquez-Ubarri Executes Unit Exchange and Stock Sale
SEC Form 4 Filing
Anilu Vazquez-Ubarri, COO of TPG Inc., exchanged TPG Partner Holdings units for Class A common stock and subsequently sold a portion of those shares.
Summary
- On February 27, 2024, Anilu Vazquez-Ubarri, the Chief Operating Officer of TPG Inc., exchanged 101,937 units of TPG Partner Holdings, L.P. for 101,937 shares of Class A common stock of TPG Inc.
- The exchange was executed pursuant to the Amended and Restated Exchange Agreement filed with the SEC on November 2, 2023.
- On February 29, 2024, Ms. Vazquez-Ubarri sold 101,937 shares of Class A Common Stock at a price of $41.64 per share.
- Following these transactions, Ms. Vazquez-Ubarri directly owns 333,711 shares of Class A Common Stock and 1,574,878 TPG Partners Holdings, L.P. Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment. It simply reports facts.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of TPG Inc.'s executives. It's typical for executives to periodically adjust their holdings for various financial planning reasons.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership structure, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| December 30, 2021 | Date of power of attorney granted to Bradford Berenson. |
| November 2, 2023 | Date of Amended and Restated Exchange Agreement filing with the SEC. |
| February 27, 2024 | Date of TPG Partner Holdings, L.P. Units exchange for Class A common stock. |
| February 29, 2024 | Date of Class A common stock sale. |
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