TPG (TPG) CEO Jon Winkelried Receives 1,688 Partnership Units

What Happened
Jon Winkelried, CEO of TPG Inc. (TPG), received a total of 1,688 TPH partnership units on August 5, 2026 via three derivative awards: 1,152 units, 357 units, and 179 units. Each grant was recorded at $0.00 (no cash paid). These are partnership units of TPG Partner Holdings, L.P. (derivative securities) that are ultimately exchangeable — on a one‑for‑one basis subject to customary adjustments — for cash or, at TPG’s election, shares of Class A common stock.

Key Details

• Transaction date: August 5, 2026; Form 4 filed August 7, 2026 (appears timely under Section 16 rules).
• Grants: 1,152 units + 357 units + 179 units = 1,688 TPH Units; reported price $0.00; total reported cash consideration $0.
• Shares/units owned after transaction: Not specified in the filing.
• Notable footnotes:
  • The 1,688 units were allocated automatically upon forfeiture by a former partner (footnote F1).
  • TPH Units are exchangeable for cash or, at the issuer’s election, Class A common stock on a one‑for‑one basis; exchange triggers related unit/share cancellations (footnote F2).
  • Reporting person disclaims beneficial ownership except to the extent of pecuniary interest; filing includes standard Rule 16a‑1(a)(4) disclaimer (F3–F4).
• Filing signer: Jennifer Chu signed on behalf of Mr. Winkelried under a power of attorney.

Context
This was an award/allocation of partnership units (transaction code A) rather than a market purchase or sale. Because these are derivative partnership units that may be exchanged later for cash or Class A shares, they do not represent immediate purchases of TPG common stock and the economic value will depend on any future exchange. The allocation resulted from a partner forfeiture, per the filing.