Form 4: TPG Inc. Director Jeffrey K. Rhodes Reports Stock Transactions

Director Jeffrey K. Rhodes reports acquisition and disposal of TPG Inc. Class A Common Stock due to tax obligations and vesting of restricted stock units.

Summary

• On January 13, 2025, Jeffrey K. Rhodes, a director of TPG Inc., reported transactions involving Class A Common Stock.
• 8,138 shares were withheld to cover tax liabilities related to the vesting of restricted stock units (RSUs).
• Rhodes also acquired 37,571 shares through the vesting of RSUs.
• Following these transactions, Rhodes directly owns 56,384 shares and indirectly owns 91,492 shares through a personal investment vehicle.
• The price per share for the tax withholding was $62.4.
• 1/3 of the RSUs will vest on each of the first, second and third anniversaries of the date of grant.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as the transactions reflect standard compensation practices and alignment of director's interests with the company.

Positives

• The vesting of RSUs indicates a continued alignment of the director's interests with the company's performance.

Future Outlook

The vesting schedule of the RSUs indicates future transactions as the remaining units vest over the next two years.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based awards.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to internal compensation and tax obligations.

Key Dates