TPG RE Finance Trust (TRTX) director granted 13,012 deferred shares

Rhea-AI Filing Summary

TPG RE Finance Trust, Inc. reported that director Julie Hong received an award of 13,012 shares of common stock on 12/24/2025. The filing states that these shares will vest in four equal annual installments beginning on June 30, 2026, meaning the award is spread over several years rather than fully available immediately.

After this grant, Ms. Hong is shown as beneficially owning 41,525 shares of TPG RE Finance Trust common stock in direct form. The form is signed by Matthew Coleman on her behalf under a previously granted power of attorney.

Insider Trade Summary

Net Buyer: 13,012 shares

Net Buy 1 txn

Insider Hong Julie

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,012	$0.00	$0.00

Holdings After Transaction: Common Stock — 41,525 shares (Direct)

Footnotes (1)

1. F1. The shares of common stock of TPG RE Finance Trust, Inc. awarded to Ms. Julie Hong will vest ratably in four annual installments beginning on June 30, 2026.

FAQ

What insider transaction did TPG RE Finance Trust (TRTX) disclose for Julie Hong?

The company disclosed that director Julie Hong received an award of 13,012 shares of TPG RE Finance Trust, Inc. common stock on 12/24/2025.

How will Julie Hongs 13,012 TRTX shares vest?

The filing states that the 13,012 common shares awarded to Julie Hong will vest ratably in four annual installments beginning on June 30, 2026.

How many TPG RE Finance Trust shares does Julie Hong own after this grant?

After the reported transaction, Julie Hong beneficially owns 41,525 shares of TPG RE Finance Trust, Inc. common stock in direct ownership.

What is Julie Hongs relationship to TPG RE Finance Trust, Inc.?

The form identifies Julie Hong as a director of TPG RE Finance Trust, Inc.

Was this Form 4 for a single reporting person at TRTX?

Yes. The document indicates that the Form 4 is filed by one reporting person, namely director Julie Hong.

Who signed the TRTX Form 4 reporting Julie Hongs share award?

Matthew Coleman signed the Form 4 on behalf of Julie Hong, citing a power of attorney dated July 11, 2022 that was previously filed with the SEC.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 12/29/2025 - 04:15 PM Learn about SEC filing dates

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^*

Hong Julie

(Last) (First) (Middle)

C/O TPG RE FINANCE TRUST, INC.

888 SEVENTH AVENUE, 35TH FLOOR

(Street)

NEW YORK NY 10106

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TPG RE Finance Trust, Inc. [ TRTX ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
12/24/2025

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
Common Stock(1)	12/24/2025		A		13,012	A	$0	41,525	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. The shares of common stock of TPG RE Finance Trust, Inc. awarded to Ms. Julie Hong will vest ratably in four annual installments beginning on June 30, 2026.

Remarks:

(2) Matthew Coleman is signing on behalf of Ms. Hong pursuant to the power of attorney dated July 11, 2022, which was previously filed with the Securities and Exchange Commission.

	/s/ Matthew Coleman, By: Matthew Coleman, on behalf of Julie Hong (2)	12/29/2025
	** 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.