Tpg Re Finance T SEC Filings

TPG RE Finance Trust, Inc. (TRTX) entered into a new commercial real estate collateralized loan obligation, TRTX 2025-FL7, through Cayman and U.S. issuing subsidiaries. The FL7 Issuers sold multiple classes of notes and issued 78,375 preferred shares with a $1,000 per share liquidation preference to an indirect TRTX subsidiary for risk retention.

Proceeds finance a pool of commercial real estate loans and participations, repay warehouse and other pre-closing financing, fund reserves, and support two delayed collateral interests. The FL7 cut-off date collateral interests represented about 30.2% of TRTX’s loan investment portfolio and had an aggregate principal balance of approximately $1,100 million as of mid-October 2025.

The FL7 Offered Notes are limited-recourse and secured primarily by the CLO collateral, with monthly interest beginning in December 2025 and stated maturity in June 2043. A 30‑month reinvestment period permits adding qualifying collateral. Note protection tests based on par value and interest coverage (set at 112.64% and 120.00% thresholds) can redirect cash flow to pay down senior notes. TRTX’s external manager serves as collateral manager and waives a 0.1% annual collateral management fee while it remains the company’s external manager.

TPG RE Finance Trust, Inc. (TRTX) filed a current report noting that its Chief Executive Officer, Doug Bouquard, and Interim Chief Financial Officer and Chief Accounting Officer, Brandon Fox, will discuss the company’s strategy and operations in investor meetings at the Citizens JMP Securities Financial Services and Real Estate Conference. The company has made the related investor presentation available as Exhibit 99.1. The materials are being furnished under Regulation FD, are not deemed filed for liability purposes under the Exchange Act, and will only be incorporated into other securities documents if specifically referenced.

TPG RE Finance Trust (TRTX): Schedule 13G/A Amendment No. 5 reports updated beneficial ownership by TPG GP A, LLC, James G. Coulter, and Jon Winkelried. TPG GP A is shown with 2,392,863 shares (3.1%), Mr. Coulter with 2,492,170 shares (3.2%), and Mr. Winkelried with 2,392,863 shares (3.1%). The filing indicates ownership of 5 percent or less of the class.

All reported voting and dispositive powers are shared, with no sole voting or dispositive power listed for any reporting person. Shares outstanding were 78,261,346 as of October 24, 2025. The amendment is filed jointly, reflecting TPG’s organizational control relationships over entities that directly hold TRTX common stock, and includes a disclaimer by Messrs. Coulter and Winkelried regarding beneficial ownership beyond their pecuniary interests.

The Vanguard Group filed a Schedule 13G reporting a passive stake in TPG RE Finance Trust (TRTX). Vanguard beneficially owns 3,957,587 shares of common stock, representing 5.03% of the class as of the event date. The filing lists 0 shares with sole voting power and 461,147 with shared voting power. Vanguard has 3,432,485 shares with sole dispositive power and 525,102 with shared dispositive power. The certification states the securities were acquired and are held in the ordinary course of business and not to change or influence control.

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.

TPG RE Finance Trust, Inc. (TRTX) furnished its third‑quarter 2025 results. The company announced financial results for the quarter ended September 30, 2025 and provided a supplemental financial presentation. These materials are included as Exhibits 99.1 and 99.2.

The disclosure was made under Item 2.02 and is being furnished, not filed, which limits its use under certain Exchange Act provisions. TRTX’s securities listed on the NYSE include Common Stock (TRTX) and 6.25% Series C Cumulative Redeemable Preferred Stock (TRTX PRC).