Form 4: TPG Inc. Executive Joann Harris Receives Additional Partnership Units

Joann Harris, Chief Compliance Officer of TPG Inc., was automatically allocated 526 additional units of TPG Partner Holdings, L.P. due to forfeiture by a former partner.

Summary

• On October 31, 2024, Joann Harris, the Chief Compliance Officer of TPG Inc., received 526 additional units of TPG Partner Holdings, L.P. (TPH Units).
• These units were allocated automatically due to the forfeiture by a former partner of Partner Holdings, in accordance with Partner Holdings' limited partnership agreement.
• TPH Units are exchangeable for cash or Class A common stock of TPG Inc. on a one-for-one basis, subject to adjustments and transfer restrictions.
• Upon exchange, an equal number of Common Units of TPG Operating Group II, L.P. held by TPG Group Holdings (SBS), L.P. are also exchanged, and an equal number of Class B common stock shares are cancelled.
• As of this transaction, Ms. Harris beneficially owns 405,542 units through a personal investment vehicle.
• Ms. Harris disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies like TPG Inc.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is related to internal equity allocation.

Key Dates