Gillmore Michael 4

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.