Doug Bouquard - Jun 30, 2023 Form 4 Insider Report for TPG RE Finance Trust, Inc. (TRTX)

Role: Chief Executive Officer, Director
Signature: /s/ Matthew Coleman, By: Matthew Coleman, on behalf of Doug Bouquard (2)
Stock symbol: TRTX
Transactions as of: Jun 30, 2023
Transactions value $: -$390,259
Form type: 4
Date filed: 7/5/2023, 04:10 PM
Previous filing: Dec 16, 2022
Next filing: Dec 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRTX	Common Stock	Tax liability	-$390K	-52.8K	-13.83%	$7.39	329K	Jun 30, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 30, 2023, TPG RE Finance Trust, Inc. (the "Issuer") withheld 52,809 shares of common stock ("Common Stock") of the Issuer from Mr. Doug Bouquard for payment of the tax liability incident to the vesting of shares of Common Stock granted by the Issuer pursuant to the terms of the Issuer's 2017 Equity Incentive Plan.

Remarks:

(2) Matthew Coleman is signing on behalf of Mr. Bouquard pursuant to the power of attorney dated April 15, 2022, which was previously filed with the Securities and Exchange Commission.