Davis Kelvin L. bought TPG
June 16, 2026 · Form 4 insider transaction
Davis Kelvin L. bought 41,661 shares of TPG Inc. at $42.48 per share, a transaction worth $1.77M. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
Pursuant to the Amended and Restated Exchange Agreement filed by TPG Inc. (the "Issuer") with the Securities and Exchange Commission (the "Commission") on November 2, 2023, TPH Units are ultimately exchangeable for cash or, at the Issuer's election, shares of Class A common stock of the Issuer on a one-for-one basis, subject to customary conversion rate adjustments and transfer restrictions (the "exchange consideration"). Upon an exchange of TPH Units, an equal number of Common Units of TPG Operating Group II, L.P. held by TPG Group Holdings (SBS), L.P. ("Group Holdings"), of which Partner Holdings is an indirect limited partner, are exchanged on a one-for-one basis for the exchange consideration, and an equal number of shares of Class B common stock of the Issuer also held by Group Holdings will be automatically cancelled for no additional consideration. Each share of Class B common stock entitles the holder to ten votes per share but carries no economic rights.; On June 16, 2026, a trust for which the Reporting Person was the Grantor transferred to the Reporting Person 41,661 units ("TPH Units") of TPG Partner Holdings, L.P. ("Partner Holdings").