Every Form 4 that TPG RE Finance Trust, Inc. (TRTX) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow TRTX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TRTX filings page.
TPG RE Finance Trust director Todd Schuster reported an acquisition of 152 shares of common stock on July 24, 2026, at $8.46 per share, through deferred stock units issued in lieu of cash dividends on existing DSUs.
The DSU amount was based on the Issuer's $0.24 per‑share Common Stock dividend and the closing price on the dividend record date. Following this grant, Schuster directly owns 63,978 shares of common stock.
Gillmore Michael reported acquisition or exercise transactions in this Form 4 filing.
TPG RE Finance Trust, Inc. director Michael Gillmore was credited on July 24, 2026 with 1,109 shares of common stock underlying deferred stock units issued in lieu of cash dividends on DSUs he already holds. Following this award he directly owns 98,699 shares, plus 500 shares held indirectly through a personal trust.
Smith Michael Bradley reported acquisition or exercise transactions in this Form 4 filing.
TPG RE Finance Trust director M. Bradley Smith received a grant of 1,109 shares of common stock on July 24, 2026, representing shares underlying deferred stock units issued in lieu of cash dividends on DSUs he already owns. The number was calculated using a $0.24-per-share dividend and a closing share price of $8.46, bringing his direct holdings to 98,699 shares.
SILVERSTEIN WENDY reported acquisition or exercise transactions in this Form 4 filing.
TPG RE Finance Trust director Wendy Silverstein received 1,109 shares of Common Stock underlying deferred stock units on July 24, 2026. These DSUs were issued in lieu of cash dividends on DSUs she already owned, using a $0.24 per-share dividend and the closing share price to determine the amount. After this grant, she directly owns 98,699 shares.
TPG RE Finance Trust, Inc. reported that on June 30, 2026 it withheld 20,539 shares of common stock from director Avi Banyasz at $8.46 per share to cover tax liability tied to vesting of equity awards under its 2017 and 2025 equity incentive plans. Following this tax-withholding disposition, Mr. Banyasz holds 162,322 shares of common stock directly and has an additional 14,115 shares indirectly, representing stock awarded by the external manager that will be delivered to him upon vesting.
TPG RE Finance Trust, Inc. President Matthew Coleman reported routine equity compensation-related activity. On June 30, 2026, the issuer withheld 34,696 shares of common stock at $8.46 per share to cover Mr. Coleman's tax liability tied to vesting awards under the 2017 and 2025 Equity Incentive Plans. This withholding reduced his directly held common stock to 326,961 shares, while additional shares are held indirectly through a trust he controls and custodial accounts for his minor children, with beneficial ownership of the custodial shares disclaimed.
TPG RE Finance Trust, Inc. reported that Chief Executive Officer Doug Bouquard had 223,533 shares of common stock withheld on June 30, 2026. The shares were withheld by the company at a price of $8.46 per share to cover tax liabilities tied to the vesting of equity awards granted under the 2017 and 2025 Equity Incentive Plans. This was a tax-withholding disposition rather than an open-market sale, and Bouquard still directly owns 1,070,146 shares of common stock after the transaction.
TPG RE Finance Trust, Inc. executive Brandon C. Fox had shares withheld to cover taxes on equity compensation. On June 30, 2026, the company withheld 9,011 shares of common stock at $8.46 per share to pay the tax liability from vesting awards under its 2017 and 2025 Equity Incentive Plans. After this tax-withholding disposition, Fox directly held 87,577 shares of common stock. This event reflects routine settlement of taxes on vested stock rather than an open-market sale.
TPG RE Finance Trust director Julie Hong reported a routine tax-withholding transaction involving company stock. On June 30, 2026, the issuer withheld 6,195 shares of common stock at $8.46 per share to cover Ms. Hong’s tax liability from vesting equity awards. Following this non-market disposition, she directly holds 35,330 common shares. The shares related to vesting under the company’s 2017 and 2025 Equity Incentive Plans, reflecting compensation-related activity rather than an open-market sale.
TPG RE Finance Trust director Michael Gillmore reported an equity compensation award linked to dividends. On April 24, 2026, he acquired 1,195 shares of common stock at $7.61 per share through deferred stock units issued in lieu of cash dividends on existing DSUs. Following this grant, he directly holds 97,590 common shares and indirectly holds 500 additional shares through a personal trust.
Smith Michael Bradley reported acquisition or exercise transactions in this Form 4 filing.
TPG RE Finance Trust director Michael Bradley Smith received 1,195 shares of Common Stock through a grant of deferred stock units. These units were issued in lieu of cash dividends on DSUs he already owned, using a reference price of $7.61 per share.
After this award, Smith directly holds 97,590 shares of TPG RE Finance Trust, Inc. common stock. The transaction reflects routine equity compensation rather than an open-market purchase or sale.
TPG RE Finance Trust director Wendy Silverstein received additional equity-based compensation rather than making an open-market trade. She acquired 1,195 shares of Common Stock on April 24, 2026, representing stock issued under deferred stock units in lieu of cash dividends on existing DSUs.
The shares were valued at $7.61 per share for reporting purposes and increase her directly held position to 97,590 shares of Common Stock. This is a routine, compensation-related grant tied to the company’s $0.24 per share Common Stock dividend paid on April 24, 2026.
TPG RE Finance Trust director Todd Schuster reported a compensation-related stock award. He acquired 164 shares of common stock at $7.61 per share, increasing his direct holdings to 63,826 shares. The award represents deferred stock units issued in lieu of cash dividends on existing deferred stock units tied to a $0.24 per-share common stock dividend paid on April 24, 2026.
TPG RE Finance Trust director Wendy Silverstein reported a small share increase tied to dividend equivalents. On January 23, 2026, she acquired 1,007 shares of common stock at $8.79 per share, bringing her directly held position to 96,395 shares. The new shares represent stock underlying deferred stock units granted in lieu of cash dividends on existing deferred stock units, calculated using a $0.24 per share common stock dividend and the closing share price on the dividend record date.
TPG RE Finance Trust director M. Bradley Smith reported a routine share accrual tied to dividends rather than an open-market trade. On January 23, 2026, he acquired 1,007 shares of common stock at a reference price of $8.79 per share, increasing his holdings to 96,395 shares held directly.
These shares represent common stock underlying deferred stock units (DSUs) issued in lieu of cash dividends on DSUs he already owns. The number of new DSUs was calculated using the $0.24 per-share cash dividend paid on January 23, 2026 and the closing share price on the dividend’s record date, so this transaction reflects dividend-equivalent compensation rather than a discretionary purchase or sale.
TPG RE Finance Trust, Inc. director Todd Schuster reported a small increase in his shareholdings through dividend-equivalent awards. On January 23, 2026, he acquired 138 shares of common stock of TPG RE Finance Trust, Inc. at a reference price of $8.79 per share, leaving him with 63,662 common shares held directly after the transaction.
According to the footnote, these shares represent common stock underlying deferred stock units (DSUs) that were issued to Mr. Schuster in lieu of cash dividends on DSUs he already owned. The number of DSUs was based on a $0.24 per share common dividend paid by the company on January 23, 2026, divided by the closing stock price on the dividend record date. This reflects a routine, dividend-related equity accrual rather than an open-market purchase or sale.
TPG RE Finance Trust director Michael Gillmore reported an automatic stock accrual tied to his deferred stock units. On January 23, 2026, he acquired 1,007 shares of common stock at a reference price of $8.79 per share, representing shares underlying deferred stock units issued in lieu of cash dividends on his existing DSUs, based on a $0.24 per share common stock dividend and the closing price on the dividend record date.
Following this transaction, Gillmore now directly holds 96,395 shares of TPG RE Finance Trust, Inc. common stock and has an additional 500 shares reported as held indirectly through a personal trust.
TPG RE Finance Trust, Inc. director Avi Banyasz reported a grant of 56,597 shares of common stock on 12/24/2025. The filing shows this award at a price of $0, reflecting a stock-based compensation grant rather than a market purchase. Following the transaction, he beneficially owns 182,861 shares directly and 14,115 shares indirectly. The explanation notes that these shares were awarded by TPG RE Finance Trust Management, L.P., the external manager of the company, under a compensatory plan.
The shares of common stock will vest in four equal annual installments beginning on June 30, 2026, meaning Mr. Banyasz receives the stock gradually over time. Upon vesting, the shares will be delivered to him. The form is signed by Matthew Coleman on behalf of Mr. Banyasz under an existing power of attorney.
TPG RE Finance Trust, Inc. director M. Bradley Smith reported receiving 13,012 shares of common stock in the form of deferred stock units on December 24, 2025. These units were fully vested on the grant date but are subject to restrictions under a deferred stock unit award agreement and will be settled in shares of common stock when he experiences a Separation from Service as defined in that agreement. Following this grant, Mr. Smith beneficially owns 95,388 shares of the company’s common stock in direct form.
TPG RE Finance Trust, Inc. reported that its president, Matthew Coleman, received an award of 56,597 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 Mr. Coleman will gain full ownership over time rather than all at once.
After this grant, Mr. Coleman beneficially owns 361,657 shares of common stock directly. He also has additional indirect holdings, including shares awarded through the company’s external manager and shares held in a trust he controls, as well as custodian accounts for minor children where he disclaims beneficial ownership.
TPG RE Finance Trust, Inc. director receives deferred stock award
Director Edward Goldthorpe was granted 2,169 shares of TPG RE Finance Trust, Inc. common stock on December 24, 2025 through deferred stock units. The award was fully vested on the grant date at a price of $0 per share, indicating it was an equity compensation grant rather than a market purchase.
Under the award terms, the shares will be delivered to Mr. Goldthorpe when he has a "Separation from Service" as defined in his deferred stock unit award agreement. Following this grant, he beneficially owns 2,169 shares directly. The form is signed by Matthew Coleman under a previously granted power of attorney.
TPG RE Finance Trust director Wendy Silverstein reported receiving an equity award tied to the company’s common stock. On December 24, 2025, she was granted 13,012 deferred stock units, each representing one share of TPG RE Finance Trust, Inc. common stock at a price of $0 per share.
The deferred stock units were fully vested on the grant date but are subject to restrictions in the related award agreement. Under that agreement, the underlying shares of common stock will be delivered to Ms. Silverstein on the date of her “Separation from Service” as defined in the award documents. Following this grant, she is shown as beneficially owning 95,388 shares of the company’s common stock in direct form.
TPG RE Finance Trust, Inc. reported an insider equity award for its Chief Executive Officer and director, Doug Bouquard. On 12/24/2025, he acquired 429,794 shares of common stock at a price of $0, increasing his beneficial ownership to 1,293,679 shares held directly. The filing indicates this was an acquisition of non-derivative common stock.
The award will vest in four equal annual installments, beginning on June 30, 2026, which means the shares become fully owned over time rather than immediately. The form was filed as a single-reporting-person Form 4, and was signed by Matthew Coleman on behalf of Mr. Bouquard under a previously granted power of attorney.
TPG RE Finance Trust, Inc. director receives deferred stock unit award
Director Michael Gillmore was granted 13,012 deferred stock units of TPG RE Finance Trust, Inc. common stock on December 24, 2025. The award was fully vested on the grant date, but the underlying shares will only be delivered upon his "Separation from Service" as defined in the related award agreement. The Form 4 reports that after this grant, Gillmore beneficially owns 95,388 shares of common stock directly and 500 shares indirectly through a personal trust.
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.
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.
TPG RE Finance Trust, Inc. director Todd Schuster reported receiving 13,012 shares of common stock in the form of fully vested deferred stock units on December 24, 2025. These units were granted at a price of $0.00 per share, increasing his beneficial ownership to 63,524 common shares. Although the units vested on the grant date, the underlying shares will be delivered to Mr. Schuster upon his "Separation from Service" as defined in the related award agreement.
TPG RE Finance Trust (TRTX): Director Wendy Silverstein reported acquiring 998 shares of common stock on 10/24/2025 through deferred stock units (DSUs) issued in lieu of cash dividends on existing DSUs. The filing lists a share price of $8.62 for the dividend-related calculation. Following the transaction, she beneficially owned 82,376 shares, held directly. The DSUs were tied to a $0.24 per-share dividend paid on October 24, 2025.
TPG RE Finance Trust (TRTX) director Todd Schuster reported an automatic acquisition of 137 shares on October 24, 2025 at $8.62 per share via deferred stock units (DSUs). Following this transaction, he beneficially owns 50,512 shares directly.
The DSUs were issued in lieu of cash dividends on existing DSUs, calculated by dividing the dividend-linked dollar amount—using the $0.24 per-share dividend paid on October 24, 2025—by the common stock’s closing price as of the dividend record date.
TPG RE Finance Trust (TRTX) director Michael Gillmore reported an acquisition of 998 shares on 10/24/2025. The shares represent deferred stock units (DSUs) issued in lieu of cash dividends, calculated using a $0.24 per-share dividend and the closing price on the dividend record date. The Form 4 lists a transaction price of $8.62.
Following the transaction, Gillmore beneficially owns 82,376 shares directly and 500 shares indirectly through a personal trust. This filing reflects routine dividend-equivalent DSU accruals rather than an open-market purchase.
TPG RE Finance Trust (TRTX) reported a Form 4 for director M. Bradley Smith. On 10/24/2025, he acquired 998 shares at $8.62, arising from deferred stock units issued in lieu of a $0.24 per-share dividend on his DSUs, calculated using the closing price on the dividend record date. Following the transaction, he beneficially owned 82,376 shares, held directly.