HESS DEBRA ANN 4

What Happened
Debra Ann Hess, a member of the board of directors of TPG Mortgage Investment Trust, Inc. (MITT), was granted 3,819 shares on 2026-04-01 as part of the issuer's independent director compensation. The reported acquisition price is $0.00 (an award/grant), so the filing shows $0 in cash paid. This is a compensation grant to a director rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01 (reported on Form 4 filed 2026-04-02).
• Transaction type/code: Award/Grant (A).
• Shares acquired: 3,819 shares at $0.00 (value reported as $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares were granted under the issuer's independent director compensation policy; the restricted shares are fully vested but may not be sold or transferred while Hess serves on the Board.
• Filing timeliness: Report appears timely (transaction date 2026-04-01; Form 4 filed 2026-04-02).

Context
Director grants like this are routine forms of non-cash compensation and do not necessarily signal a personal market purchase or sale. Because the shares are restricted from transfer during Hess's board service, they are intended as compensation/retention rather than immediate liquidity. For investors watching insider activity, cash purchases (P) tend to be more informative about personal confidence than routine compensation grants (A).