MITCHELL M CHRISTIAN 4

What Happened
Mitchell M. Christian, a director of TPG Mortgage Investment Trust, Inc. (MITT), reported an "other acquisition or disposition" (Code J) on 2026-01-30 for derivative securities tied to the company’s common stock. The filing shows 0 shares acquired at a reported per-share value of $8.97 (total $0). A footnote explains these are restricted stock units (RSUs) representing dividend equivalents on previously awarded RSUs; they are fully vested, have no expiration, and will convert one-for-one into common shares only upon the reporting person’s separation from service. This transaction did not transfer common shares to the insider immediately and is not an open-market purchase.

Key Details

• Transaction date: 2026-01-30
• Filing date: 2026-02-03 (filed within the Form 4 two-business-day window) — not late
• Transaction code: J (other acquisition/disposition); described as derivative RSUs (footnote F1)
• Reported quantity/price: 0 shares at $8.97 per share; total reported value $0
• Shares owned after transaction: Not specified in the filing provided
• Footnote F1: RSUs granted as dividend equivalents on prior RSUs; fully vested, no expiration, settled in shares upon separation from service
• No indication of tax withholding, sale, or immediate issuance of shares in this filing

Context
This filing documents a derivative award (RSUs that reflect dividend equivalents) rather than a cash purchase or sale. Because the RSUs are settled only upon separation and no common shares were issued now, there’s no immediate change to the company’s public float or the insider’s shareholdings. For retail investors, purchases or outright sales are typically more informative about insider sentiment; derivative awards like this record compensation or dividend-crediting events and may lead to future share issuance when settled. Watch future Form 4/Form 5 filings for any actual share settlement.