Form 4: TPG RE Finance Trust Director Wendy Silverstein Reports Acquisition of Shares
SEC Form 4 Filing
Wendy Silverstein, a director of TPG RE Finance Trust, reported acquiring 939 shares of common stock due to deferred stock units in lieu of dividends.
Summary
- On January 24, 2025, Wendy Silverstein, a director of TPG RE Finance Trust, Inc. (TRTX), acquired 939 shares of common stock.
- The acquisition was due to deferred stock units (DSUs) issued in lieu of dividends payable on DSUs already owned by Ms. Silverstein.
- The dividend amount was $0.24 per share.
- The price per share for the acquisition was $8.4.
- Following the transaction, Ms. Silverstein beneficially owns 79,279 shares of TRTX common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition through deferred compensation.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it represents a small change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 06/26/2017 | Date of power of attorney granted to Matthew Coleman, previously filed with the SEC. |
| 01/24/2025 | Date of transaction: Acquisition of 939 shares of common stock and dividend payment date. |
| 01/28/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.