Form 4: TPG Inc. Director Sarvananthan Ganendran Reports Securities Transactions
SEC Form 4
Director Sarvananthan Ganendran reports the exchange and sale of TPG Inc. Class A Common Stock.
Summary
- On February 27, 2024, Sarvananthan Ganendran, a director of TPG Inc., exchanged 162,707 units of TPG Partner Holdings, L.P. for an equal number of Class A common stock shares.
- On February 29, 2024, Ganendran sold 172,705 shares of Class A Common Stock at a price of $41.64 per share.
- Following these transactions, Ganendran directly owns 42,388 shares of Class A Common Stock and indirectly owns 1,367,030 shares through a personal investment vehicle.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 12/29/2021 | Date of power of attorney granted to Bradford Berenson. |
| 11/02/2023 | Date of Amended and Restated Exchange Agreement filed with the SEC. |
| 02/27/2024 | Exchange of TPG Partner Holdings, L.P. Units for Class A Common Stock. |
| 02/29/2024 | Sale of Class A Common Stock. |
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