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TPG Inc. (TPG) awards 7,434 RSUs to director William H. McRaven

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

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

TPG Inc. reported that director William H. McRaven received a grant of 7,434 restricted stock units (RSUs), each representing one share of Class A common stock. 7,061 RSUs are an initial award vesting one-third on each of the first, second and third anniversaries of April 14, 2026. The remaining 373 RSUs are an annual award vesting on April 14, 2027, all subject to his continuous service and, for the annual award, service through the next annual meeting of shareholders after April 14, 2026.

Positive

  • None.

Negative

  • None.
Insider McRaven William H.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 7,434 $0.00 --
Holdings After Transaction: Class A Common Stock — 7,434 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Total RSUs granted 7,434 RSUs Grant to William H. McRaven reported on Form 4
Initial RSU award 7,061 RSUs Vests one-third on each anniversary of April 14, 2026
Annual RSU award 373 RSUs Vests on April 14, 2027
Post-transaction holdings 7,434 shares/RSUs Total shares following transaction for McRaven
Grant price per RSU $0.00 per unit Equity compensation, not a cash purchase
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
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 one-third on each of the first, second and third anniversaries of April 14, 2026, subject to the Reporting Person's continuous service"
annual meeting of shareholders financial
"if the Reporting Person serves through the Issuer's next annual meeting of shareholders occurring after April 14, 2026, the Reporting Person will be entitled to retain the RSUs."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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*
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
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 Stock05/12/2026A7,434A(1)7,434D
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 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. 7,061 of the RSUs represent an initial award that will vest one-third on each of the first, second and third anniversaries of April 14, 2026, subject to the Reporting Person's continuous service through the vesting date. 373 of the RSUs represent an annual award that vests on April 14, 2027, 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 April 14, 2026, 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)05/14/2026
** 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)

FAQ

What insider transaction did TPG (TPG) report for William H. McRaven?

TPG reported that director William H. McRaven received 7,434 restricted stock units. Each RSU represents a contingent right to one share of TPG Inc. Class A common stock, granted under the company’s Independent Director Compensation Policy as non-cash equity compensation.

How many RSUs did William H. McRaven receive as an initial award from TPG (TPG)?

McRaven received 7,061 RSUs as an initial award. These units vest in three equal installments on the first, second and third anniversaries of April 14, 2026, provided he continues to serve as a director through each applicable vesting date.

What is the vesting schedule for William H. McRaven’s RSUs at TPG (TPG)?

The 7,061 initial RSUs vest one-third on each of the first, second and third anniversaries of April 14, 2026. The additional 373 RSUs vest on April 14, 2027, with all vesting contingent on his continuous service as described.

What are the terms of the 373 annual RSUs granted to William H. McRaven by TPG (TPG)?

TPG granted McRaven 373 RSUs as an annual award vesting on April 14, 2027. Vesting requires his continuous service, and if he serves through TPG’s next annual meeting of shareholders after April 14, 2026, he will be entitled to retain these RSUs.

Does William H. McRaven pay cash for the RSUs reported in TPG (TPG)’s Form 4?

The reported RSUs were granted at a price of $0.00 per unit. This indicates they were awarded as equity compensation rather than purchased for cash, consistent with an Independent Director Compensation Policy grant structure.