TPG INC SEC Filings

TPG Inc. (TPG) director reported an acquisition of 1,584 TPG Partner Holdings, L.P. (TPH) Units on November 4, 2025 at a price of $0, allocated automatically following a former partner’s forfeiture under the partnership agreement.

TPH Units are ultimately exchangeable for cash or, at the company’s election, one-for-one into Class A common stock, subject to customary adjustments and transfer restrictions. After the reported transaction, 3,409,782 derivative securities were beneficially owned indirectly by personal investment vehicles.

TPG Inc. (TPG) reported an insider transaction by an officer. On November 4, 2025, the reporting person, who serves as Chief Compliance Officer, was automatically allocated 161 TPG Partner Holdings, L.P. (TPH) Units under the partnership agreement following a former partner’s forfeiture.

Under the Amended and Restated Exchange Agreement, TPH Units are exchangeable for cash or, at TPG’s election, for Class A common stock on a one‑for‑one basis, subject to customary adjustments and transfer restrictions. Upon any such exchange, an equal number of TPG Operating Group II, L.P. Common Units are exchanged for the same consideration, and an equal number of Class B common shares are cancelled; Class B shares carry ten votes per share and no economic rights.

Following the reported transaction, the filing lists 409,884 derivative securities beneficially owned on an indirect basis by personal investment vehicles.

TPG Inc. (TPG) reported an insider transaction: a director acquired 5,003 TPG Partner Holdings, L.P. units on November 4, 2025 via an automatic allocation following a former partner’s forfeiture.

The units are exchangeable for cash or, at TPG’s election, one-for-one into Class A common stock, subject to customary adjustments and transfer restrictions. Following the transaction, the reporting person beneficially owned 11,532,039 derivative securities indirectly through personal investment vehicles. An equal number of Class B shares would be cancelled upon exchange; Class B carries ten votes per share and no economic rights.

TPG Inc. (TPG) disclosed a Form 4 for its Chief Accounting Officer noting the allocation of 249 TPG Partner Holdings, L.P. (TPH) Units on 11/04/2025 at $0. The filing states these units were automatically allocated following the forfeiture by a former partner under the partnership agreement.

Per the exchange agreement, TPH Units are exchangeable for cash or, at the issuer’s election, one-for-one into shares of TPG Class A common stock, subject to customary adjustments and transfer restrictions. Following the transaction, the reporting person directly beneficially owns 629,689 derivative securities.

TPG Inc. (TPG) insider update: The Executive Chairman, who is also a Director and 10% Owner, reported acquiring 14,875 TPG Partner Holdings, L.P. units (TPH Units) on 11/04/2025. The allocation occurred automatically under the partnership agreement following a former partner’s forfeiture.

TPH Units are exchangeable for cash or, at TPG’s election, shares of Class A common stock on a one-for-one basis, subject to customary conversion rate adjustments and transfer restrictions. In an exchange, an equal number of Operating Group II Common Units are exchanged and the same number of Class B shares are automatically cancelled; each Class B share carries ten votes and no economic rights.

Following the transaction, 35,430,578 derivative securities were beneficially owned indirectly by personal investment vehicles.

TPG Inc. reported stronger Q3 2025 results. Total revenues were $1,223,517 thousand, up from $855,403 thousand a year ago, as capital allocation-based income rose to $627,018 thousand and fees and other reached $596,499 thousand. Net income attributable to TPG Inc. was $67,140 thousand, with diluted EPS of $0.20.

Operating leverage improved with total expenses at $1,031,323 thousand versus revenues of $1,223,517 thousand, while performance allocation compensation increased alongside higher carry. The balance sheet expanded: total assets were $13,019,723 thousand versus $10,535,109 thousand at December 31, 2024; cash and cash equivalents were $1,080,304 thousand; debt obligations were $1,792,030 thousand.

Cash flow from operating activities was $1,076,098 thousand for the nine months ended September 30, 2025. The company closed the Peppertree acquisition, with cash uses of $235,154 thousand and equity issuance reflected in changes in equity. As of October 31, 2025, shares outstanding were 146,498,655 Class A, 6,605,963 nonvoting Class A, and 224,965,710 Class B.

TPG Inc. furnished materials announcing financial results for the third quarter ended September 30, 2025. The company provided a summary press release and a detailed earnings presentation as Exhibits 99.1 and 99.2.

Consistent with Item 2.02, these materials are furnished and not deemed “filed” under the Exchange Act. The filing also lists the company’s registered securities, including Class A common stock (TPG) and 6.950% Subordinated Notes due 2064 (TPGXL).

The filing is an amendment to a Form 4 reporting insider ownership for Kelvin L. Davis at TPG Inc. The amendment corrects an earlier filing and discloses that Mr. Davis indirectly holds 11,527,036 shares of Class A common stock through TPG Partner Holdings, L.P. The original Form 4 filed August 12, 2025, had an incorrect number of units; this amendment, signed by attorney-in-fact Jennifer L. Chu, updates the record as of the transaction dated 08/08/2025.

TPG GP A, James G. Coulter and Jon Winkelried report consolidated beneficial ownership exceeding 60% of TPG Inc.'s Class A shares. The filing states 225,077,574 Class A shares are deemed beneficially owned by TPG GP A (approximately 60.6%) with Mr. Coulter and Mr. Winkelried reported as beneficial owners of approximately 61.2% and 60.8%, respectively, based on a stated total of 371,265,314 Class A shares.

The filing discloses the July 1, 2025 acquisition of Peppertree, which included issuance of 5,372,330 Common Units and equal shares of Class B stock and an earnout of up to $300.0 million. It also reports a Q3 2025 Exchange that converted 5,153,040 Common Units into Class A shares, a bona fide gift by Mr. Coulter of 200,000 Class A shares to charity, and a long-term equity award granted to Mr. Coulter consisting of 321,389 RSUs and 482,083 PRSUs subject to multi-year service and market-price hurdles.