Jennifer L. Chu - 07 Aug 2025 Form 4 Insider Report for TPG Inc. (TPG)

Role: Chief Legal Officer & GC
Signature: /s/ Jennifer L. Chu
Issuer symbol: TPG
Transactions as of: 07 Aug 2025
Net transactions value: $0
Form type: 4
Filing time: 11 Aug 2025, 16:47:32 UTC
Previous filing: 16 Apr 2025
Next filing: 15 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Chu Jennifer L.	Chief Legal Officer & GC	301 COMMERCE STREET, SUITE 3300, FORT WORTH	/s/ Jennifer L. Chu	11 Aug 2025	0002064454

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPG	Class A Common Stock	Options Exercise		+45,914	+29%		206,613	07 Aug 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TPG	Performance Stock Units	Options Exercise	$0	+45,914	+100%	$0.000000	91,828	07 Aug 2025	Class A Common Stock	45,914		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents performance stock units ("PSUs") granted to the Reporting Person on April 14, 2025. Each PSU represents a contingent right to receive one share of Class A common stock ("Class A common stock") of TPG Inc. when both service and performance conditions are satisfied. The PSUs will service-vest on April 1, 2026. 1/3 of the PSUs will performance-vest on each of the first day following the date on which the 30-day volume weighted average trading price of a share of Class A common stock equals or exceeds (x) 1.25x the closing stock price on the date of grant, (y) 1.5x the closing stock price on the date of grant and (z) 1.75x the closing stock price on the date of grant. On August 7, 2025, 45,914 PSUs performance vested upon the achievement of the 1.25x measure.

Content

Represents performance stock units ("PSUs") granted to the Reporting Person on April 14, 2025. Each PSU represents a contingent right to receive one share of Class A common stock ("Class A common stock") of TPG Inc. when both service and performance conditions are satisfied. The PSUs will service-vest on April 1, 2026. 1/3 of the PSUs will performance-vest on each of the first day following the date on which the 30-day volume weighted average trading price of a share of Class A common stock equals or exceeds (x) 1.25x the closing stock price on the date of grant, (y) 1.5x the closing stock price on the date of grant and (z) 1.75x the closing stock price on the date of grant. On August 7, 2025, 45,914 PSUs performance vested upon the achievement of the 1.25x measure.