Gillmore Michael 4
4 · TPG RE Finance Trust, Inc. · Filed Jul 28, 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 granted 1,109 shares (deferred stock units, or DSUs) on July 24, 2026. The DSUs are reported as an acquisition at $8.46 per share, with a total value of $9,382. This was not an open-market purchase or sale but issuance of shares/units in lieu of cash dividends.
Key Details
- Transaction date: July 24, 2026; reported on Form 4 filed July 28, 2026 (timely).
- Reported amount: 1,109 shares (DSUs) at $8.46 per share; total value $9,382.
- Footnote F1: These are common shares underlying DSUs issued in lieu of a $0.24-per-share dividend; the number of DSUs was calculated using the dividend amount and the closing stock price on the record date.
- Footnote F2: Holdings are held through a personal trust.
- Signature remark: Filed by Matthew Coleman under power of attorney for Mr. Gillmore.
- Shares owned after transaction: not specified in the filing.
Context DSUs are deferred compensation units that represent rights to company stock and are commonly issued in lieu of cash dividends. Receiving DSUs in place of a cash dividend is a routine administrative transaction and does not necessarily indicate a new purchase decision or change in sentiment by the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-24$8.46/sh+1,109$9,382→ 98,699 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 July 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 July 24, 2026.
- [F2]Held through a personal trust.