Form 4: TPG Inc. Director Jeffrey K. Rhodes Reports Securities Transactions
SEC Form 4
Director Jeffrey K. Rhodes reports the exchange and sale of TPG Inc. Class A Common Stock.
Summary
- On February 27, 2024, Jeffrey K. Rhodes, a director of TPG Inc., exchanged 408,675 units of TPG Partner Holdings, L.P. for an equal number of Class A common stock shares.
- On February 29, 2024, Rhodes sold 408,675 shares of Class A Common Stock at a price of $41.64 per share.
- Following these transactions, Rhodes directly owns 64,522 shares of Class A Common Stock and indirectly owns 176,492 shares through a personal investment vehicle.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions. No clear positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of securities transactions by a company insider, providing transparency to the market regarding their investment activities in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Exchange of 408,675 TPG Partner Holdings, L.P. units for Class A common stock. |
| 02/29/2024 | Sale of 408,675 shares of Class A Common Stock at $41.64 per share. |
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