Form 4: TPG Inc. Director Kelvin L. Davis Reports Stock Transactions

Director Kelvin L. Davis reports stock transactions including tax withholding and vesting of restricted stock units.

Summary

• On January 13, 2025, TPG Inc. director Kelvin L. Davis reported transactions involving Class A Common Stock.
• 9,347 shares were withheld for payment of tax liability related to vesting of restricted stock units (RSUs).
• Davis also acquired 22,700 shares through vesting RSUs.
• Following these transactions, Davis directly owns 77,229 shares of Class A Common Stock.
• Davis may be deemed to beneficially own 694,584 shares indirectly through a personal investment vehicle, but disclaims beneficial ownership except to the extent of his pecuniary interest.
• 18,786 of the RSUs will vest in three equal installments on each of the first, second and third anniversaries of the date of grant.
• 3,914 of the RSUs will vest in four equal installments on each of the first, second, third and fourth anniversaries of the date of grant.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company insider, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in their companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates