TPG James Coulter (10% Owner) Withholds 40,950 Shares for Taxes

What Happened

• James G. Coulter, reported as a 10% owner of TPG Inc. (TPG), had 40,950 shares of Class A common stock withheld on July 15, 2026 to satisfy tax withholding obligations tied to the vesting and settlement of previously granted restricted stock units (RSUs). The filing records the shares at $43.15 each, totaling $1,766,993 (transaction code F — tax withholding/disposition).

Key Details

• Transaction date: July 15, 2026; filing date: July 17, 2026.
• Shares withheld/disposed: 40,950 at $43.15 per share; total value ≈ $1,766,993.
• Transaction type/code: F — payment of exercise price or tax liability (tax withholding on RSU settlement).
• Shares owned after transaction: not stated in this Form 4.
• Notable footnotes: F1 confirms shares were withheld to pay tax liability from RSU vesting; F2–F3 clarify limited beneficial ownership due to the Reporting Person’s relationship with the holder and that the filing is not an admission of beneficial ownership beyond pecuniary interest. Jennifer Chu signed on behalf of Mr. Coulter under a power of attorney dated Aug 16, 2025.
• Filing timeliness: Submitted two days after the transaction (no late-filing indication in the document).

Context

• This was a routine tax-withholding event following RSU vesting, not an open-market sale initiated for investment reasons. Tax-withholding dispositions are common and do not necessarily signal insider sentiment about the company. Because Coulter is reported as a 10% owner, the filing includes clarifying language about beneficial ownership limits under Section 16 and related rules.