Gillmore Michael 4
Research Summary
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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.