Form 4: TPG Inc. Director Maya Chorengel Reports Stock Transactions
SEC Form 4 Filing
Director Maya Chorengel reports the exchange of TPG Partner Holdings units for Class A common stock and the sale of Class A common stock.
Summary
- On February 27, 2024, Maya Chorengel, a director of TPG Inc., exchanged 69,298 units of TPG Partner Holdings, L.P. for 69,298 shares of Class A common stock.
- On February 29, 2024, Ms. Chorengel sold 74,773 shares of Class A common stock at a price of $41.64 per share.
- Following these transactions, Ms. Chorengel directly owns 57,146 shares of Class A common stock and indirectly owns 887,791 TPG Partners Holdings, L.P. Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
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 with the SEC. |
| 02/27/2024 | Exchange of 69,298 TPG Partner Holdings, L.P. units for Class A common stock. |
| 02/29/2024 | Sale of 74,773 shares of Class A common stock at $41.64 per share. |
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