TPG.NASDAQTpg INC

Form 4: TPG Inc. President Todd Sisitsky Reports Stock Transactions

Sentiment:

SEC Form 4

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Todd Sisitsky, President of TPG Inc., reports the exchange and sale of Class A Common Stock and TPG Partner Holdings, L.P. Units.

Summary

  • On February 27, 2024, Todd Sisitsky exchanged 660,151 units of TPG Partner Holdings, L.P. for an equal number of shares of Class A common stock of TPG Inc.
  • On February 29, 2024, Sisitsky sold 660,151 shares of Class A Common Stock at a price of $41.64 per share.
  • On February 29, 2024, Sisitsky sold 52,807 shares of Class A Common Stock at a price of $41.64 per share.
  • Following these transactions, Sisitsky directly owns 396,982 shares of Class A Common Stock.
  • Sisitsky indirectly owns 1,172,917 shares of Class A Common Stock through family trusts.
  • Sisitsky indirectly owns 10,626,796 TPG Partners Holdings, L.P. Units through family trusts.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of key personnel.

Stakeholder Impact

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

Key Dates

DateDescription
12/30/2021Power of attorney dated December 30, 2021, previously filed with the Commission.
11/02/2023Amended and Restated Exchange Agreement filed with the SEC.
02/27/2024Exchange of TPG Partner Holdings, L.P. Units for Class A common stock.
02/29/2024Sale of Class A Common Stock.
02/29/2024Signature date of the report.

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