TPG Inc. (NASDAQ: TPG) director adds 630 TPG Partner Holdings units
Rhea-AI Filing Summary
Trujillo David reported acquisition or exercise transactions in this Form 4 filing.
TPG Inc. director David Trujillo was automatically allocated 630 additional TPG Partner Holdings, L.P. units on August 5, 2026, after a former partner forfeited those units under the partnership agreement. After this grant, he holds 6,582,823 such units. Under an exchange agreement, each unit is ultimately exchangeable for cash or, at TPG’s election, one share of Class A common stock, while an equal number of Class B shares with 10 votes but no economic rights are cancelled on exchange.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Trujillo David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | TPG Partner Holdings, L.P. Units F2, F1 | 630 | $0.00 | $0.00 |
Holdings After Transaction:
TPG Partner Holdings, L.P. Units — 6,582,823 shares (Direct)
Footnotes (2)
- F1. On August 5, 2026, 630 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.
- F2. 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.
Key Figures
Units allocated: 630 TPG Partner Holdings, L.P. units
Units held after transaction: 6,582,823 TPG Partner Holdings, L.P. units
Reported transaction price: $0.0000 per unit
+2 more
5 metrics
Units allocated
630 TPG Partner Holdings, L.P. units
Automatic allocation on August 5, 2026 after forfeiture by a former partner
Units held after transaction
6,582,823 TPG Partner Holdings, L.P. units
Direct holdings reported following the August 5, 2026 allocation
Reported transaction price
$0.0000 per unit
Grant/award acquisition of 630 Partner Holdings units
Underlying Class A shares
630 shares
Each TPG Partner Holdings unit ultimately exchangeable 1-for-1 for Class A common stock or cash
Class B voting rights
10 votes per share
Class B common stock carries voting rights only and is cancelled on exchange
Key Terms
TPG Partner Holdings, L.P. Units, Amended and Restated Exchange Agreement, Class B common stock, conversion rate adjustments, +1 more
5 terms
TPG Partner Holdings, L.P. Units financial
"630 additional units ("TPH Units") of TPG Partner Holdings, L.P. were allocated automatically"
Amended and Restated Exchange Agreement regulatory
"Pursuant to the Amended and Restated Exchange Agreement filed by TPG Inc."
Class B common stock financial
"an equal number of shares of Class B common stock of the Issuer will be automatically cancelled"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
conversion rate adjustments financial
"exchangeable for cash or shares of Class A common stock subject to customary conversion rate adjustments"
exchange consideration financial
"for the exchange consideration, and an equal number of shares of Class B common stock will be cancelled"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did TPG (TPG) report for David Trujillo?
TPG reported that director David Trujillo was automatically allocated 630 TPG Partner Holdings, L.P. units on August 5, 2026, following the forfeiture of those units by a former partner under the partnership agreement.
How many TPG Partner Holdings units does David Trujillo hold after this Form 4?
After the August 5, 2026 allocation, David Trujillo holds 6,582,823 TPG Partner Holdings, L.P. units. These units are reported as directly owned derivative securities tied to TPG Inc.’s Class A common stock under an exchange agreement.
What are TPG Partner Holdings, L.P. units and how do they relate to TPG (TPG) Class A stock?
Each TPG Partner Holdings, L.P. unit is ultimately exchangeable for cash or, at TPG Inc.’s election, one share of Class A common stock, subject to customary conversion rate adjustments and transfer restrictions, under an Amended and Restated Exchange Agreement.
Was the 630-unit allocation to David Trujillo a market purchase of TPG (TPG) stock?
No. The filing describes the transaction as an automatic allocation of 630 TPG Partner Holdings, L.P. units upon forfeiture by a former partner, with a reported transaction price of $0.0000 per unit, rather than an open-market purchase.