Form 4: TPG Inc. COO Anilu Vazquez-Ubarri Receives Additional Partnership Units
SEC Form 4 Filing
Anilu Vazquez-Ubarri, COO of TPG Inc., acquired 2,103 additional units of TPG Partner Holdings, L.P. due to forfeiture by a former partner.
Summary
- On October 31, 2024, Anilu Vazquez-Ubarri, the Chief Operating Officer of TPG Inc., received 2,103 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, in accordance with Partner Holdings' limited partnership agreement.
- TPH Units are exchangeable for cash or Class A common stock of TPG Inc. on a one-for-one basis, subject to adjustments and transfer restrictions.
- Upon exchange, an equal number of Common Units of TPG Operating Group II, L.P. held by TPG Group Holdings (SBS), L.P. are also exchanged, and an equal number of Class B common stock shares held by Group Holdings will be automatically cancelled.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing detailing an internal transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about changes in beneficial ownership.
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 of insider transactions, which is common for publicly traded companies like TPG Inc. It provides transparency into the holdings of key executives and their alignment with the company's performance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves an internal transfer of partnership units.
- It provides transparency to shareholders regarding the holdings of a key executive.
Key Dates
| Date | Description |
|---|---|
| 12/30/2021 | Power of attorney dated December 30, 2021, previously filed with the Commission. |
| 11/02/2023 | Amended and Restated Exchange Agreement filed by TPG Inc. with the SEC. |
| 10/31/2024 | Date of transaction: 2,103 TPH Units allocated to Anilu Vazquez-Ubarri. |
| 11/04/2024 | Date of signature for the Form 4 filing. |
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