TRTX Director Wendy Silverstein Receives 1,109-Share Award

What Happened Wendy Silverstein, a director of TPG RE Finance Trust, Inc. (TRTX), was credited with 1,109 shares (deferred stock units) on July 24, 2026. The units are valued at $8.46 each, for a total of $9,382. This was an issuance of shares underlying DSUs in lieu of a cash dividend (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: July 24, 2026; Filing date: July 28, 2026 (filed four days after the transaction; Form 4s are typically due within two business days, so this appears later than usual).
• Price per share reported: $8.46; Total value: $9,382.
• Shares acquired: 1,109 common‑share equivalents via DSUs.
• Shares owned after transaction: Not reported in the filing.
• Footnote: The 1,109 shares represent common stock underlying deferred stock units issued in lieu of a $0.24 per‑share dividend; the DSU count was calculated using the dividend amount and the closing stock price on the dividend record date.
• Administrative note: Matthew Coleman signed the Form 4 on behalf of Ms. Silverstein under a previously filed power of attorney.

Context The transaction is a dividend reinvestment into deferred stock units for a board member—a routine form of compensation/deferral rather than a direct market buy that signals conviction. DSU issuances are common for directors and reflect dividend treatment, not an exercised option or gift.