Welcome to our dedicated page for Tpg Re Finance T SEC filings (Ticker: TRTX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
TPG RE Finance Trust, Inc. filings document formal disclosures for a NYSE-listed commercial real estate finance company with common stock and 6.25% Series C Cumulative Redeemable Preferred Stock registered under Section 12(b). Its 8-K filings report operating results and supplemental financial information, Regulation FD investor presentations, collateralized loan obligation financing and board appointments.
Definitive proxy materials cover governance and shareholder voting matters. The filing record also describes capital structure, secured financing arrangements, portfolio metrics, liquidity and disclosures tied to the company’s strategy of holding first mortgage loans on institutional U.S. commercial real estate.
Gratia Capital, LLC and Steve Pei have filed a Schedule 13D disclosing a significant investment in TPG RE Finance Trust, Inc. common stock. Pei may be deemed to beneficially own 4,351,196 shares, or 5.6% of the outstanding shares, while Gratia may be deemed to beneficially own 4,234,768 shares, or 5.4% of the class, based on 78,261,346 shares outstanding as reported in the issuer’s Form 10-Q.
The reporting persons acquired the shares for investment purposes and state that they believe the issuer’s share price does not reflect its short- and long-term prospects. They indicate an intention to engage in positive and supportive discussions with management and the board on matters such as dividend increases, broader strategic initiatives, and positioning within the mortgage REIT universe, while reserving the right to adjust their holdings over time.
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.