TPG RE Finance Trust (TRTX) discloses 26,000-share grant to Brandon Fox

Rhea-AI Filing Summary

TPG RE Finance Trust, Inc. reported an equity award to officer Brandon C. Fox, who serves as Interim Chief Financial Officer and Chief Accounting Officer. On 12/24/2025, he acquired 26,000 shares of common stock at a price of $0, reflecting a stock grant rather than a market purchase. Following this transaction, he beneficially owned 96,588 shares directly.

The filing notes that these granted shares will vest in four equal annual installments beginning on June 30, 2026, creating a multi-year incentive tied to continued service. The form is filed by one reporting person, with Matthew Coleman signing under a previously filed power of attorney on behalf of Mr. Fox.

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

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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^*

Fox Brandon C

(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)

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

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		26,000	A	$0	96,588	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 Mr. Brandon Fox will vest ratably in four annual installments beginning on June 30, 2026.

Remarks:

(A) Interim Chief Financial Officer and Chief Accounting Officer. (B) Matthew Coleman is signing on behalf of Mr. Fox pursuant to the power of attorney dated January 28, 2022, which was previously filed with the Securities and Exchange Commission.

	/s/ Matthew Coleman, By: Matthew Coleman, on behalf of Brandon C. Fox (B)	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.

FAQ

What insider transaction did TRTX report for Brandon Fox?

The company reported that Brandon C. Fox acquired 26,000 shares of TPG RE Finance Trust, Inc. common stock on 12/24/2025 as a stock award priced at $0 per share.

How many TRTX shares does Brandon Fox own after this transaction?

After the reported grant, Brandon C. Fox beneficially owned 96,588 shares of TPG RE Finance Trust, Inc. common stock, held directly.

What are the vesting terms of Brandon Fox’s TRTX stock award?

The 26,000 granted shares of TPG RE Finance Trust, Inc. common stock will vest ratably in four annual installments beginning on June 30, 2026.

What is Brandon Fox’s role at TPG RE Finance Trust, Inc. (TRTX)?

The filing identifies Brandon C. Fox as the company’s Interim Chief Financial Officer and Chief Accounting Officer.

Was the TRTX insider Form 4 filed by more than one reporting person?

No. The document states that the Form 4 was filed by one reporting person, relating to Brandon C. Fox.

Who signed the TRTX Form 4 for Brandon Fox?

Matthew Coleman signed the form on behalf of Brandon C. Fox under a power of attorney dated January 28, 2022 that was previously filed with the SEC.