Gillmore Michael 4
4 · TPG RE Finance Trust, Inc. · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
TPG RE Finance Trust (TRTX) Director Michael Gillmore Receives Award
What Happened Michael Gillmore, a director of TPG RE Finance Trust, received 1,195 shares (transaction code A — award/grant) on April 24, 2026. The shares were recorded at $7.61 each for a total value of $9,094. This was not an open‑market purchase or sale but an issuance of shares underlying deferred stock units (DSUs) issued in lieu of cash dividends.
Key Details
- Transaction date and price: April 24, 2026 — 1,195 shares at $7.61 per share (total ~$9,094).
- Transaction type: A (award/grant) — DSUs issued in lieu of cash dividends.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes:
- F1 — The shares represent common stock underlying DSUs issued to Mr. Gillmore in lieu of dividends; the DSU count was calculated based on the $0.24/share dividend and the closing stock price on the dividend record date.
- F2 — Shares/DSUs are held through a personal trust.
- Filing/authorization: The Form 4 was filed April 28, 2026 (within required reporting window). Matthew Coleman signed on behalf of Mr. Gillmore under a power of attorney dated June 26, 2017.
Context This transaction reflects routine director compensation (DSUs issued instead of cash dividends) rather than an active buy or sell decision. Such awards typically indicate dividend reinvestment via deferred units and do not by themselves signal insider sentiment about the company’s near‑term prospects.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-24$7.61/sh+1,195$9,094→ 97,590 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 April 24, 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 April 24, 2026.
- [F2]Held through a personal trust.