Gillmore Michael 4
4 · TPG RE Finance Trust, Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
TPG RE Finance (TRTX) Director Michael Gillmore Receives Award
What Happened
Michael Gillmore, a director of TPG RE Finance Trust, Inc. (TRTX), was credited with 1,007 shares (reporting code A — award/grant or other acquisition) on January 23, 2026. The shares are recorded at $8.79 each for a total value of $8,852. These shares represent common stock underlying deferred stock units (DSUs) issued to Mr. Gillmore in lieu of cash dividends.
Key Details
- Transaction date: 2026-01-23; Price per share reported: $8.79; Total value: $8,852.
- Shares acquired: 1,007 common shares (via DSUs).
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: The 1,007 shares reflect DSUs issued in lieu of the $0.24 per-share dividend paid Jan 23, 2026; the number of DSUs was calculated by dividing the dividend amount by the closing stock price on the record date.
- Ownership vehicle: held through a personal trust (footnote).
- Filing timeliness: Form 4 filed Jan 27, 2026 — within the two-business-day reporting window for a Jan 23 transaction.
- Administrative note: Matthew Coleman signed the form on behalf of Mr. Gillmore under a previously filed power of attorney.
Context: This was not an open-market purchase but issuance of shares tied to deferred stock units credited in lieu of cash dividends. Such transactions are routine administrative events reflecting dividend reinvestment/equivalent treatment of DSUs and do not, by themselves, indicate executive buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-23$8.79/sh+1,007$8,852→ 96,395 total
- 500(indirect: See Explanation of Responses)
Common Stock
[F2]
Footnotes (2)
- [F1]Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Michael Gillmore in lieu of dividends payable on DSUs owned by Mr. Gillmore. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Gillmore that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on January 23, 2026 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on January 23, 2026.
- [F2]Held through a personal trust.