TPG Inc. (TPG) officer granted 2,278 TPG Partner Holdings units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TPG Inc.’s Chief Compliance Officer, Joann Harris, reported an indirect acquisition of 2,278 TPG Partner Holdings, L.P. units on February 11, 2026. These additional “TPH Units” were automatically allocated to a personal investment vehicle associated with her after forfeiture by a former partner, at a stated price of $0 per unit.
Following this grant, 412,162 TPH Units are reported as beneficially owned indirectly. Under an existing exchange agreement, each TPH Unit is ultimately exchangeable for cash or, at TPG Inc.’s election, one share of its Class A common stock, subject to customary adjustments and restrictions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harris Joann
Role
Chief Compliance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | TPG Partner Holdings, L.P. Units | 2,278 | $0.00 | -- |
Holdings After Transaction:
TPG Partner Holdings, L.P. Units — 412,162 shares (Indirect, By Personal Investment Vehicle)
Footnotes (1)
- On February 11, 2026, 2,278 additional units ("TPH Units") of TPG Partner Holdings, L.P. ("Partner Holdings") were allocated automatically to the Reporting Person in accordance with Partner Holdings' limited partnership agreement upon their forfeiture by a former partner of Partner Holdings. Pursuant to the Amended and Restated Exchange Agreement filed by TPG Inc. (the "Issuer") with the Securities and Exchange Commission (the "Commission") on November 2, 2023, TPH Units are ultimately exchangeable for cash or, at the Issuer's election, shares of Class A common stock of the Issuer on a one-for-one basis, subject to customary conversion rate adjustments and transfer restrictions (the "exchange consideration"). Upon an exchange of TPH Units, an equal number of Common Units of TPG Operating Group II, L.P. held by TPG Group Holdings (SBS), L.P. ("Group Holdings"), of which Partner Holdings is an indirect limited partner, are exchanged on a one-for-one basis for the exchange consideration, and an equal number of shares of Class B common stock of the Issuer also held by Group Holdings will be automatically cancelled for no additional consideration. Each share of Class B common stock entitles the holder to ten votes per share but carries no economic rights. Because of the relationship between the Reporting Person and the entity holding these securities, the Reporting Person may be deemed to beneficially own these securities to the extent of the greater of the Reporting Person's direct or indirect pecuniary interest in the profits, capital accounts or distributions of the holder. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of the Reporting Person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of the Reporting Person's pecuniary interest.
FAQ
What insider transaction did TPG (TPG) report for Joann Harris?
TPG reported an indirect acquisition of 2,278 TPG Partner Holdings, L.P. units for Chief Compliance Officer Joann Harris. The units were automatically allocated to a personal investment vehicle associated with her after another partner’s forfeiture, at a stated price of $0 per unit.
How many TPG Partner Holdings units does the filing show after the transaction?
After the reported transaction, the filing shows 412,162 TPG Partner Holdings, L.P. units beneficially owned indirectly. This figure reflects the updated total derivative position associated with Joann Harris through a personal investment vehicle following the 2,278-unit automatic allocation.
Was this TPG (TPG) insider transaction a market purchase or sale?
No market trade is described. The filing classifies the event as a grant or other acquisition, with 2,278 units automatically allocated under a partnership agreement at a stated price of $0, rather than an open-market purchase or sale of TPG Inc. stock.