Form 4: TPG RE Finance Trust Director Michael Gillmore Reports Changes in Beneficial Ownership

Director Michael Gillmore reports acquisition of 14,415 shares of TPG RE Finance Trust common stock through deferred stock units and disposition of 500 shares held through a personal trust.

Summary

• On December 27, 2024, Michael Gillmore, a director of TPG RE Finance Trust, Inc. (TRTX), acquired 14,415 shares of common stock through deferred stock units (New DSUs).
• The New DSUs were 100% vested on the grant date but are subject to restrictions outlined in the New DSU Award Agreement.
• The shares underlying the New DSUs will be delivered to Mr. Gillmore upon his 'Separation from Service' as defined in the agreement.
• Mr. Gillmore also disposed of 500 shares of common stock held through a personal trust.
• Following these transactions, Mr. Gillmore beneficially owns 78,340 shares directly and an unspecified amount indirectly through a personal trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in stock ownership. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of shares through deferred stock units aligns the director's interests with the long-term performance of the company.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The change in ownership may have a minor impact on shareholder sentiment, but is unlikely to significantly affect other stakeholders.

Key Dates