Coleman Matthew 4
Research Summary
AI-generated summary
TPG RE Finance Trust (TRTX) President Matthew Coleman Withholds 34,696 Shares
What Happened
Matthew Coleman, President of TPG RE Finance Trust, had 34,696 shares of the company's common stock withheld on June 30, 2026 to satisfy tax withholding obligations tied to the vesting of equity awards. The withheld shares were recorded at $8.46 per share, totaling approximately $293,528. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: June 30, 2026; Filing date: July 2, 2026 (appears timely within the usual two-business-day Form 4 window).
- Transaction type: F — shares withheld to pay tax liability on vested awards (cashless/tax withholding).
- Shares withheld/disposed: 34,696 at $8.46/share — total ~$293,528.
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Footnotes:
- F1: Shares withheld by the Issuer to pay tax liability from vesting under the Issuer’s 2017 and 2025 Equity Incentive Plans.
- F2: Some shares were awarded by the external manager (TPG RE Finance Trust Management, L.P.) under a manager compensatory plan and will be delivered upon vesting.
- F3–F5: Certain holdings are through a trust or custodial accounts for minor children; Mr. Coleman disclaims beneficial ownership of the custodial accounts.
Context
Tax-withholding dispositions are routine following vesting of restricted stock or similar awards and do not necessarily indicate a sale motivated by views on the company. This filing reports the mechanics of satisfying tax obligations (a common cashless-type transaction), not a market-direction trade.