Jozoff Matthew 4
Research Summary
AI-generated summary
TPG Mortgage (MITT) Director Matthew Jozoff Receives Award
What Happened
Matthew Jozoff, a director of TPG Mortgage Investment Trust, Inc. (MITT), was granted 2,777 restricted shares on 2026-04-01. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share (total reported value $0).
Key Details
- Transaction date: 2026-04-01; filing date: 2026-04-02 (timely filing).
- Transaction type/code: Award/Grant (A). Price reported: $0.00 per share; total reported value $0.
- Shares granted: 2,777 restricted shares.
- Shares owned after transaction: not specified in the filing.
- Footnote: Shares were granted under the issuer’s independent director compensation policy; they are fully vested but may not be sold or transferred while the reporting person serves on the Board.
Context
This was a compensation award to an independent director, a routine non-cash grant rather than an open-market purchase or sale. Because the restricted shares cannot be transferred during board service, the grant does not reflect immediate sell/buy intent by the director.