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Annual 4,181 RSU grant to TPG Inc. (NASDAQ: TPG) independent director

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Elsesser Kathy reported acquisition or exercise transactions in this Form 4 filing.

TPG Inc. director Kathy Elsesser received an annual grant of 4,181 restricted stock units (RSUs), each representing a contingent right to one share of Class A common stock. The RSUs vest on the first anniversary of the 2026-07-15 grant, subject to continuous board service, and her reported holdings after the award are 12,693 shares.

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Insider Elsesser Kathy
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 4,181 -- --
Holdings After Transaction: Class A Common Stock — 12,693 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 4181 RSUs Annual restricted stock unit award granted on 2026-07-15
Holdings after award 12693 shares Class A Common Stock reported following the RSU-related transaction
Vesting period 1 year RSUs vest on the first anniversary of the grant date, subject to service
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
"will vest on the first anniversary of the grant date, subject to the Reporting Person's continuous service"

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FAQ

What did Kathy Elsesser report in her Form 4 for TPG (TPG)?

Kathy Elsesser reported an annual equity award from TPG Inc. of 4,181 restricted stock units (RSUs) on 2026-07-15. Each RSU is a contingent right to one Class A share, granted under the Independent Director Compensation Policy, with vesting tied to continued board service.

How many RSUs did TPG (TPG) grant to director Kathy Elsesser?

TPG Inc. granted director Kathy Elsesser 4,181 restricted stock units (RSUs) as an annual award. Each RSU represents a contingent right to receive one share of TPG Class A common stock, subject to the vesting and service conditions described in the award’s terms.

When do Kathy Elsesser's 4,181 TPG (TPG) RSUs vest?

The 4,181 RSUs granted to Kathy Elsesser vest on the first anniversary of the 2026-07-15 grant date. Vesting requires her continuous service through that date, although serving through the next annual shareholder meeting also entitles her to retain the RSUs.

How many TPG (TPG) shares does Kathy Elsesser hold after this award?

After the reported award, Kathy Elsesser’s holdings are shown as 12,693 shares of TPG Inc. Class A common stock. This post-transaction figure appears in the Form 4 ownership column for the non-derivative securities section describing the RSU-related entry.

Is Kathy Elsesser's TPG (TPG) equity award under a Rule 10b5-1 trading plan?

The Form 4 for TPG (TPG) shows the Rule 10b5-1 checkbox as not selected. The transaction is described instead as an annual RSU grant under TPG’s Independent Director Compensation Policy, rather than a trade executed under a pre-arranged 10b5-1 trading plan.

What service conditions apply to Kathy Elsesser's TPG (TPG) RSUs?

The RSUs will vest on the first anniversary of grant if Kathy Elsesser maintains continuous service through that date. If she serves through TPG Inc.’s next annual shareholder meeting after the grant, she will be entitled to retain the RSUs under the award terms.
SEC Form 4
FORM 4UNITED 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*
Elsesser Kathy

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock07/15/2026A4,181A(1)12,693D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Ms. Elsesser pursuant to the power of attorney dated August 16, 2025, which is attached hereto as an exhibit.
/s/ Jennifer L. Chu, as attorney-in-fact (2)07/17/2026
** Signature of Reporting PersonDate
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)