Form 4: TPG Inc. Executive Chairman James G. Coulter Reports Stock Transactions
SEC Form 4 Filing
James G. Coulter, Executive Chairman of TPG Inc., reports the withholding of shares for tax liabilities and the acquisition of restricted stock units.
Summary
- On January 13, 2025, James G. Coulter, Executive Chairman of TPG Inc., reported transactions involving Class A Common Stock.
- TPG Inc. withheld 68,852 shares of Class A common stock from Coulter to cover tax liabilities related to the vesting of restricted stock units (RSUs).
- Coulter also acquired 188,793 shares of Class A common stock through the vesting of RSUs.
- Following these transactions, Coulter directly owns 318,084 shares and 506,877 shares of Class A Common Stock.
- Coulter may be deemed to beneficially own 2,359,831 shares held by a family trust, but disclaims beneficial ownership except to the extent of his pecuniary interest.
- 1/3 of the RSUs will vest on each of the first, second and third anniversaries of the date of grant.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 12/29/2021 | Power of attorney dated December 29, 2021, previously filed with the SEC. |
| 01/13/2025 | Date of earliest transaction: withholding of shares for tax liability and acquisition of RSUs. |
| 01/15/2025 | Date of signature of the report. |
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