TPG Inc. (TPG) awards director 4,181 restricted stock units

Rhea-AI Filing Summary

CRANSTON MARY B reported acquisition or exercise transactions in this Form 4 filing.

TPG Inc. director Mary B. Cranston received an annual grant of 4,181 restricted stock units (RSUs), each representing one share of Class A common stock, under the company’s Independent Director Compensation Policy. The RSUs vest on the first anniversary of the grant date, subject to her continuous service or service through the next annual shareholder meeting. Following this award, she directly holds 34,958 shares of Class A common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CRANSTON MARY B

Role Director

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

Holdings After Transaction: Class A Common Stock — 34,958 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 4,181 shares Shares held after award: 34,958 shares Transaction date: 2026-07-15

3 metrics

RSUs granted 4,181 shares Annual RSU award to director Mary B. Cranston

Shares held after award 34,958 shares Direct holdings of Class A common stock following the grant

Transaction date 2026-07-15 Date of reported RSU grant transaction

Key Terms

restricted stock units, Independent Director Compensation Policy, continuous service, Class A common stock

4 terms

restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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"

Class A common stock financial

"Each RSU represents a contingent right to receive one share of Class A common stock of TPG Inc."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/17/2026 - 05:16 PM Accepted by SEC EDGAR 07/17/2026 - 05:16 PM Learn about SEC filing dates

FAQ

What insider equity award did TPG (TPG) report for director Mary B. Cranston?

TPG reported that director Mary B. Cranston received an annual grant of 4,181 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of TPG Inc. Class A common stock under its Independent Director Compensation Policy.

How many TPG (TPG) shares does Mary B. Cranston hold after this award?

After the RSU grant, Mary B. Cranston directly holds 34,958 shares of TPG Inc. Class A common stock. This total reflects her ownership immediately following the reported award of 4,181 restricted stock units.

When do Mary B. Cranston’s new TPG (TPG) RSUs vest?

The new RSUs will vest on the first anniversary of the grant date. Vesting is conditioned on her continuous service through that date, with retention allowed if she serves through TPG Inc.’s next annual meeting of shareholders after the grant.

What does each RSU granted to Mary B. Cranston by TPG (TPG) represent?

Each RSU granted to Mary B. Cranston represents a contingent right to receive one share of TPG Inc. Class A common stock. The units convert into shares only upon vesting and satisfaction of the service-based conditions.

Under what policy was Mary B. Cranston’s TPG (TPG) RSU award granted?

The RSU award was granted pursuant to TPG Inc.’s Independent Director Compensation Policy. This policy governs equity-based compensation for independent directors, including annual awards of restricted stock units like the 4,181-unit grant she received.

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^*

CRANSTON MARY B

(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)	34,958	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 Ms. Cranston 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 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)