TPG Inc. (TPG) awards 4,181 RSUs to director William H. McRaven

Rhea-AI Filing Summary

McRaven William H. reported acquisition or exercise transactions in this Form 4 filing.

TPG Inc. granted director William H. McRaven an annual award of 4,181 restricted stock units representing Class A common stock. After this grant, he directly holds 11,615 shares. The RSUs vest on the first anniversary of the grant date, subject to continuous service or service through the next annual shareholder meeting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McRaven William H.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	4,181	--	--

Holdings After Transaction: Class A Common Stock — 11,615 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

RSUs Granted: 4,181 units Shares Owned After Award: 11,615 shares RSU-to-Share Ratio: 1 share per RSU

3 metrics

RSUs Granted 4,181 units Annual RSU award to independent director William H. McRaven

Shares Owned After Award 11,615 shares Direct Class A common stock holdings following the RSU grant

RSU-to-Share Ratio 1 share per RSU Each RSU represents a contingent right to receive one share of Class A common stock

Key Terms

restricted stock units ("RSUs"), Independent Director Compensation Policy, continuous service

3 terms

restricted stock units ("RSUs") financial

"Represents an annual award of restricted stock units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Independent Director Compensation Policy financial

"The Issuer has granted the RSUs pursuant to its Independent Director Compensation Policy."

continuous service financial

"The RSUs will vest on the first anniversary of the grant date, subject to the Reporting Person's continuous service"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/17/2026 - 05:21 PM Accepted by SEC EDGAR 07/17/2026 - 05:20 PM Learn about SEC filing dates

FAQ

What equity award did TPG (TPG) grant to director William H. McRaven?

TPG Inc. granted director William H. McRaven an annual award of 4,181 restricted stock units representing Class A common stock. The award is part of the independent director compensation structure and reflects equity-based compensation rather than a market purchase of shares.

How many TPG shares does William H. McRaven own after the RSU grant?

Following the award, William H. McRaven directly owns 11,615 shares of TPG Inc. Class A common stock. The additional 4,181 RSUs are contingent rights that can settle into shares once the vesting and service conditions are satisfied.

What are the vesting terms for the 4,181 RSUs granted by TPG (TPG)?

The 4,181 RSUs vest on the first anniversary of the grant date, subject to McRaven’s continuous service. If he serves through TPG’s next annual meeting of shareholders after the grant, he is entitled to retain the RSUs under those terms.

Are the 4,181 RSUs part of TPG’s independent director compensation policy?

Yes. The RSUs were granted pursuant to TPG Inc.’s Independent Director Compensation Policy. This indicates the award is a standard component of compensation for independent directors, rather than a discretionary or special one-time equity grant.

Was McRaven’s TPG equity award made under a Rule 10b5-1 trading plan?

No. The report indicates the transaction was not made under a Rule 10b5-1 trading plan, as the related checkbox was not marked. This award is characterized as a compensation-related grant of restricted stock units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McRaven William H.

(Last) (First) (Middle)

301 COMMERCE STREET, SUITE 3300

(Street)

FORT WORTH TEXAS 76102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TPG Inc. [ TPG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/15/2026		A		4,181	A	(1)	11,615	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents an annual award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock of TPG Inc. (the "Issuer"). The Issuer has granted the RSUs pursuant to its Independent Director Compensation Policy. The RSUs will vest on the first anniversary of the grant date, subject to the Reporting Person's continuous service through the vesting date; provided that if the Reporting Person serves through the Issuer's next annual meeting of shareholders occurring after the date of grant, the Reporting Person will be entitled to retain the RSUs.

Remarks:

(2) Jennifer Chu is signing on behalf of Mr. McRaven pursuant to the power of attorney dated May 1, 2026, which was previously filed with the Securities and Exchange Commission.

	/s/ Jennifer L. Chu, as attorney-in-fact (2)	07/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)