Form 4: TPG RE Finance Trust President Matthew Coleman Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Matthew Coleman, President of TPG RE Finance Trust, reports the withholding of shares for tax liabilities and adjustments to beneficial ownership.

Summary

  • On June 30, 2024, TPG RE Finance Trust withheld 33,834 shares of common stock from Matthew Coleman to cover tax liabilities related to the vesting of shares under the company's 2017 Equity Incentive Plan.
  • Coleman also indirectly owns shares through a trust, a compensatory plan by TPG RE Finance Trust Management, L.P., and custodial accounts for minor children.
  • Some shares held in custodial accounts were previously omitted from Coleman's Form 4 filings and have now been included.
  • Following these transactions, Coleman directly owns 296,912 shares and indirectly owns 5,316 shares through a compensatory plan, 3,079 shares through a trust, 55 shares and 39 shares through custodial accounts.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing regarding changes in beneficial ownership, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice for publicly traded companies.

Stakeholder Impact

  • The disclosure provides transparency to shareholders regarding the ownership stake of a key executive.

Key Dates

DateDescription
06/30/2024Date of transaction involving the withholding of shares for tax liability.
07/02/2024Date of signature for the Form 4 filing.

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