Chu Jennifer L. 4
Research Summary
AI-generated summary
TPG GC Jennifer Chu: 22,079 Shares Withheld for Taxes
What Happened
- Jennifer L. Chu, Chief Legal Officer & General Counsel of TPG Inc. (TPG), had 22,079 shares of Class A common stock withheld on April 1, 2026 to satisfy tax withholding related to the vesting and settlement of performance stock units. The shares were withheld at $40.51 per share, totaling $894,420.
Key Details
- Transaction date: April 1, 2026; Filing date: April 3, 2026 (Form 4 accession 0000947871-26-000396). Filing appears timely.
- Transaction type/code: Tax withholding upon vesting (Code F).
- Shares withheld/disposed: 22,079 shares at $40.51/share; total value $894,420.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Issuer withheld the shares from the reporting person to pay the tax liability incident to vesting and settlement of previously granted performance stock units.
Context
- This was a tax withholding/cashless settlement tied to equity compensation vesting, not an open-market sale or purchase. Such withholdings are routine and do not necessarily indicate the insider’s view of the company’s stock.