Director at TPG Mortgage (NYSE: MITT) awarded 2,777 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MITCHELL M CHRISTIAN reported acquisition or exercise transactions in this Form 4 filing.
TPG Mortgage Investment Trust director Mitchell M. Christian received a grant of 2,777 shares of Common Stock as compensation under the company’s independent director compensation policy. The restricted shares are fully vested but cannot be sold or transferred while he serves on the Board, bringing his direct holdings to 56,450 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MITCHELL M CHRISTIAN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,777 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 56,450 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 2,777 shares
Transaction price per share: $0.0000 per share
Total direct holdings: 56,450 shares
3 metrics
Shares granted
2,777 shares
Director stock grant on April 1, 2026
Transaction price per share
$0.0000 per share
Reported grant price for restricted shares
Total direct holdings
56,450 shares
Shares owned directly after the reported grant
Key Terms
restricted shares, independent director compensation policy, Board of Directors
3 terms
independent director compensation policy financial
"Shares were granted to the reporting person in accordance with the Issuer's independent director compensation policy"
Board of Directors financial
"may not be sold or transferred during the reporting person's term of service on the Issuer's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did TPG Mortgage Investment Trust (MITT) report for Mitchell M. Christian?
TPG Mortgage Investment Trust reported that director Mitchell M. Christian received a grant of 2,777 shares of Common Stock. The shares were awarded as part of the company’s independent director compensation policy, rather than being purchased in the open market.
What does the Form 4 say about TPG Mortgage Investment Trust’s independent director compensation policy?
The Form 4 notes that the shares were granted according to TPG Mortgage Investment Trust’s independent director compensation policy. Under this policy, directors receive stock awards that are fully vested but restricted from sale or transfer while they serve on the Board.