Form 4: Avi Banyasz Reports Changes in Beneficial Ownership of TPG RE Finance Trust, Inc. Shares

Avi Banyasz, a director of TPG RE Finance Trust, Inc., reports a transaction involving the withholding of shares for tax liability and ownership of shares awarded by the external manager.

Summary

• On June 30, 2024, Avi Banyasz, a director of TPG RE Finance Trust, Inc. (TRTX), had 8,107 shares of common stock withheld to cover tax liabilities related to the vesting of shares under the company's 2017 Equity Incentive Plan.
• The withholding occurred at a price of $8.64 per share.
• Following the transaction, Banyasz directly owns 95,596 shares of TRTX common stock.
• Banyasz also indirectly owns 14,115 shares of common stock awarded by TPG RE Finance Trust Management, L.P., the external manager of TRTX, under a compensatory plan; these shares will be delivered upon vesting.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company insiders like directors and officers.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of equity compensation plans.

Key Dates