[Form 4] TPG Inc. Insider Trading Activity

Rhea-AI Filing Summary

James G. Coulter, Executive Chairman, Director and reported 10% owner of TPG Inc. (TPG), filed a Form 4 disclosing transactions dated 08/14/2025. The filing shows a bona fide gift of 200,000 shares of Class A common stock to a charitable organization for no consideration and additional dispositions of 506,877 Class A shares. After the reported transactions, the filing reports beneficial ownership of 2,159,831 Class A shares held indirectly by a family trust. The filing includes a disclaimer that the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest and notes the Form 4 is signed by an attorney-in-fact.

Positive

• Timely disclosure of insider transactions consistent with Section 16 reporting requirements
• Charitable gift of 200,000 Class A shares was explicitly described as a bona fide gift with no consideration received

Negative

• Net reduction in reported holdings through dispositions of 200,000 (gift) and 506,877 Class A shares (total 706,877 shares disposed)
• Limited detail on the 506,877-share disposition (no price reported in the filing for that line)

Insights

Securities Analyst

TL;DR: Reporting reveals a gift of 200,000 shares and further dispositions totalling 706,877 Class A shares, leaving 2,159,831 shares indirectly held.

The Form 4 documents non-derivative dispositions on 08/14/2025, including an explicitly described charitable gift of 200,000 Class A shares and an additional disposition of 506,877 Class A shares. The filing states the remaining reported holding of 2,159,831 Class A shares is indirect via a family trust and includes the standard Rule 16 disclaimers. For investors, the filing primarily updates insider holdings and shows a reduction in reported owned shares; it does not include prices for one disposition beyond the $0 gift notation or any transaction proceeds, nor does it provide intent or planned future transactions.

Corporate Governance Expert

TL;DR: The disclosure is procedural and compliant, noting a charitable gift and the continued indirect ownership structure via a family trust.

The report identifies James G. Coulter as a director, executive chairman and 10% owner and documents timely Section 16 reporting of changes in beneficial ownership. It clarifies indirect ownership through a family trust and includes the customary disclaimer under Rule 16a-1(a)(4). The signature is provided by an attorney-in-fact, consistent with a previously filed power of attorney. No governance actions, related-party transactions beyond the gift, or new arrangements are described in the filing.

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
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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^*

COULTER JAMES G

(Last) (First) (Middle)

301 COMMERCE STREET

SUITE 3300

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TPG Inc. [ TPG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/14/2025		G		200,000(1)	D	$0	2,159,831	I	By Family Trust(2)(3)
Class A Common Stock								506,877	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 a bona fide gift of shares of Class A common stock of TPG Inc. to a charitable organization for which no payment or consideration was received by the Reporting Person.

2. 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.

3. 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.

Remarks:

(4) Joann Harris is signing on behalf of Mr. Coulter pursuant to the power of attorney dated December 29, 2021, which was previously filed with the Securities and Exchange Commission.

	/s/ Joann Harris, as attorney-in-fact (4)	08/15/2025
	** 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.

FAQ

What transactions did James G. Coulter report on Form 4 for TPG (TPG)?

The Form 4 reports on 08/14/2025 a bona fide gift of 200,000 Class A shares and a disposition of 506,877 Class A shares.

How many TPG Class A shares does the filing report James G. Coulter beneficially owns after the transactions?

The filing reports beneficial ownership of 2,159,831 Class A shares held indirectly by a family trust.

Was the 200,000-share transaction a sale or a gift?

The filing states the 200,000 Class A shares represent a bona fide gift to a charitable organization for which no payment or consideration was received.

Who signed the Form 4 on behalf of James G. Coulter?

The Form 4 was signed by Joann Harris as attorney-in-fact pursuant to a previously filed power of attorney.

Does the filing change the reporting person’s relationship to the issuer?

No change is reported; the filing lists James G. Coulter as Director, Executive Chairman and a 10% owner of TPG.