TPG Director Bright Gunther Receives 4,181 RSU Award

What Happened

• Bright Gunther, a director of TPG Inc. (TPG), received a grant of 4,181 restricted stock units (RSUs) on July 15, 2026.
• The filing lists price/total value as N/A because this is a compensation award rather than an open-market trade. This is not a purchase or sale.

Key Details

• Transaction date: 2026-07-15; filing date: 2026-07-17 (filed within the standard two-business-day window).
• Award: 4,181 RSUs; each RSU represents a contingent right to receive one share of Class A common stock upon vesting. Price and total dollar value not reported in the Form 4.
• Vesting: RSUs vest on the first anniversary of the grant date, contingent on continuous service through the vesting date; alternatively, if the director serves through the issuer’s next annual shareholders’ meeting after the grant, the director will be entitled to retain the RSUs (per footnote F1).
• Shares owned after the award: not disclosed in the filing.
• Signing: Jennifer Chu signed on behalf of Mr. Bright pursuant to a power of attorney dated August 16, 2025 (remark (2)).

Context

• RSU grants to independent directors are common as part of routine compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal).
• These awards convert to actual shares only upon vesting, so they do not immediately increase tradable float.