Form 4: TPG RE Finance Trust Executive Brandon C. Fox Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Brandon C. Fox, Chief Accounting Officer of TPG RE Finance Trust, Inc., had 5,775 shares withheld to cover tax liabilities related to vesting shares.
Summary
- On June 30, 2024, Brandon C. Fox, the Chief Accounting Officer of TPG RE Finance Trust, Inc., had 5,775 shares of common stock withheld by the company.
- This withholding was to cover the tax liability associated with the vesting of shares granted under the company's 2017 Equity Incentive Plan.
- Following the transaction, Mr. Fox directly owns 54,637 shares of TPG RE Finance Trust, Inc.
Sentiment
Score: 7
Explanation: This is a routine filing related to executive compensation and tax obligations, indicating standard corporate practices. It doesn't suggest any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to equity compensation.
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
| Date | Description |
|---|---|
| January 28, 2022 | Date of power of attorney granted to Matthew Coleman, previously filed with the SEC. |
| June 30, 2024 | Date of the share withholding transaction for tax liability. |
| July 02, 2024 | Date of signature for 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.