TRTX

SEC source: 0000950170-24-141133 · ownership.xml · nonDerivative · entry 1

Gillmore Michael · CIK 0001711880 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,340

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Mr. Michael Gillmore on December 27, 2024 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Mr. Gillmore on the date of Mr. Gillmore's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-24-141134 · ownership.xml · nonDerivative · entry 1

Smith Michael Bradley · CIK 0001711988 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,340

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Mr. M. Bradley Smith on December 27, 2024 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Mr. Smith on the date of Mr. Smith's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-24-141135 · ownership.xml · nonDerivative · entry 1

SILVERSTEIN WENDY · CIK 0001246489 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,340

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Ms. Wendy Silverstein on December 27, 2024 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Ms. Silverstein on the date of Ms. Silverstein's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-24-141132 · ownership.xml · nonDerivative · entry 1

WHITE GREGORY · CIK 0001219399 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,340

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Mr. Gregory White on December 27, 2024 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Mr. White on the date of Mr. White's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-24-141131 · ownership.xml · nonDerivative · entry 1

Schuster Todd · CIK 0001543437 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 49,958

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Mr. Todd Schuster on December 27, 2024 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Mr. Schuster on the date of Mr. Schuster's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-24-141602 · ownership.xml · nonDerivative · entry 1

Foley Robert · CIK 0001298783 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 486,557

F1 · security: The shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") awarded to Mr. Robert Foley will vest ratably in four annual installments beginning on June 30, 2025.

SEC source: 0000950170-24-141606 · ownership.xml · nonDerivative · entry 1

Banyasz Avi · CIK 0001550532 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 140,399

F1 · security: The shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") awarded to Mr. Avi Banyasz will vest ratably in four annual installments beginning on June 30, 2025.

SEC source: 0000950170-24-141605 · ownership.xml · nonDerivative · entry 1

Bouquard Doug · CIK 0001924593 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,027,999

F1 · security: The shares of common stock of TPG RE Finance Trust, Inc. awarded to Mr. Doug Bouquard will vest ratably in four annual installments beginning on June 30, 2025.

SEC source: 0000950170-24-141604 · ownership.xml · nonDerivative · entry 1

Hong Julie · CIK 0001825476 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,022

F1 · security: The shares of common stock of TPG RE Finance Trust, Inc. awarded to Ms. Julie Hong will vest ratably in four annual installments beginning on June 30, 2025.

SEC source: 0000950170-24-141603 · ownership.xml · nonDerivative · entry 1

Coleman Matthew · CIK 0001696998 · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 341,715

F1 · security: The shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") awarded to Mr. Matthew Coleman will vest ratably in four annual installments beginning on June 30, 2025.

SEC source: 0000950170-24-141601 · ownership.xml · nonDerivative · entry 1

Fox Brandon C · CIK 0001909101 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,532

F1 · security: The shares of common stock of TPG RE Finance Trust, Inc. awarded to Mr. Brandon C. Fox will vest ratably in four annual installments beginning on June 30, 2025.

SEC source: 0000950170-24-118239 · ownership.xml · nonDerivative · entry 1

Gillmore Michael · CIK 0001711880 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,925

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Michael Gillmore in lieu of dividends payable on DSUs owned by Mr. Gillmore. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Gillmore that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on October 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on October 25, 2024.

SEC source: 0000950170-24-118238 · ownership.xml · nonDerivative · entry 1

Smith Michael Bradley · CIK 0001711988 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,925

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. M. Bradley Smith in lieu of dividends payable on DSUs owned by Mr. Smith. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Smith that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on October 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on October 25, 2024.

SEC source: 0000950170-24-118235 · ownership.xml · nonDerivative · entry 1

SILVERSTEIN WENDY · CIK 0001246489 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,925

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Ms. Wendy Silverstein in lieu of dividends payable on DSUs owned by Ms. Silverstein. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Ms. Silverstein that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on October 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on October 25, 2024.

SEC source: 0000950170-24-118236 · ownership.xml · nonDerivative · entry 1

WHITE GREGORY · CIK 0001219399 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,925

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Gregory White in lieu of dividends payable on DSUs owned by Mr. White. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. White that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on October 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on October 25, 2024.

SEC source: 0000950170-24-118237 · ownership.xml · nonDerivative · entry 1

Schuster Todd · CIK 0001543437 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,543

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Todd Schuster in lieu of dividends payable on DSUs owned by Mr. Schuster. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Schuster that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on October 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on October 25, 2024.

SEC source: 0000950170-24-087292 · ownership.xml · nonDerivative · entry 1

Gillmore Michael · CIK 0001711880 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,004

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Michael Gillmore in lieu of dividends payable on DSUs owned by Mr. Gillmore. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Gillmore that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on July 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on July 25, 2024.

SEC source: 0000950170-24-087291 · ownership.xml · nonDerivative · entry 1

Smith Michael Bradley · CIK 0001711988 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,004

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. M. Bradley Smith in lieu of dividends payable on DSUs owned by Mr. Smith. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Smith that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on July 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on July 25, 2024.

SEC source: 0000950170-24-087294 · ownership.xml · nonDerivative · entry 1

SILVERSTEIN WENDY · CIK 0001246489 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,004

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Ms. Wendy Silverstein in lieu of dividends payable on DSUs owned by Ms. Silverstein. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Ms. Silverstein that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on July 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on July 25, 2024.

SEC source: 0000950170-24-087290 · ownership.xml · nonDerivative · entry 1

WHITE GREGORY · CIK 0001219399 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,004

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Gregory White in lieu of dividends payable on DSUs owned by Mr. White. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. White that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on July 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on July 25, 2024.

SEC source: 0000950170-24-087295 · ownership.xml · nonDerivative · entry 1

Schuster Todd · CIK 0001543437 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,416

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Todd Schuster in lieu of dividends payable on DSUs owned by Mr. Schuster. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Schuster that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on July 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on July 25, 2024.

SEC source: 0000950170-24-080856 · ownership.xml · nonDerivative · entry 1

Foley Robert · CIK 0001298783 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 367,083

F1 · kind: On June 30, 2024, TPG RE Finance Trust, Inc. (the "Issuer") withheld 40,154 shares of common stock ("Common Stock") of the Issuer from Mr. Robert Foley 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.

SEC source: 0000950170-24-080883 · ownership.xml · nonDerivative · entry 1

Banyasz Avi · CIK 0001550532 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 95,596

F1 · kind: On June 30, 2024, TPG RE Finance Trust, Inc. (the "Issuer") withheld 8,107 shares of common stock ("Common Stock") of the Issuer from Mr. Avi Banyasz 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.

SEC source: 0000950170-24-080878 · ownership.xml · nonDerivative · entry 1

Fox Brandon C · CIK 0001909101 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,637

F1 · kind: On June 30, 2024, TPG RE Finance Trust, Inc. (the "Issuer") withheld 5,775 shares of common stock ("Common Stock") of the Issuer from Mr. Brandon C. Fox 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.

SEC source: 0000950170-24-080877 · ownership.xml · nonDerivative · entry 1

Hong Julie · CIK 0001825476 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,607

F1 · kind: On June 30, 2024, TPG RE Finance Trust, Inc. (the "Issuer") withheld 1,911 shares of common stock ("Common Stock") of the Issuer from Ms. Julie Hong 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.

SEC source: 0000950170-24-080865 · ownership.xml · nonDerivative · entry 1

Bouquard Doug · CIK 0001924593 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 609,482

F1 · kind: On June 30, 2024, TPG RE Finance Trust, Inc. (the "Issuer") withheld 106,253 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.

SEC source: 0000950170-24-080858 · ownership.xml · nonDerivative · entry 1

Coleman Matthew · CIK 0001696998 · President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 296,912

F1 · kind: On June 30, 2024, TPG RE Finance Trust, Inc. (the "Issuer") withheld 33,834 shares of common stock ("Common Stock") of the Issuer from Mr. Matthew Coleman 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.

SEC source: 0001104659-24-059918 · tm2414116-2_4seq1.xml · derivative · entry 3

PE Holder, L.L.C. · CIK 0001814336 · 10% owner

PE Holdings, L.L.C. · CIK 0001814249 · 10% owner

SOF-XI U.S. Public MAR Holdings L.P. · CIK 0001814257 · 10% owner

Starwood XI Management Holdings GP, L.L.C. · CIK 0001814281 · 10% owner

Starwood XI Management, L.P. · CIK 0001814282 · 10% owner

Starwood XI Management GP, L.L.C. · CIK 0001814283 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 12,000,000 shares

Expires 2025-05-28

F1 · ownership.direct: Represents securities held by PE Holder, L.L.C. PE Holdings, L.L.C. is the sole member of PE Holder, L.L.C. SOF-XI U.S. Public MAR Holdings L.P. is the sole member of PE Holdings, L.L.C. Starwood XI Management Holdings GP, L.L.C. is the general partner of SOF-XI U.S. Public MAR Holdings L.P. Starwood XI Management, L.P. is the sole member of Starwood XI Management Holdings GP, L.L.C. Starwood XI Management GP, L.L.C. is the general partner of Starwood XI Management, L.P. Starwood Capital Group Global II, L.P. is the sole member of Starwood XI Management GP, L.L.C. SCGG II GP, L.L.C. is the general partner of Starwood Capital Group Global II, L.P. Starwood Capital Group Holdings GP, L.L.C. is the sole member of SCGG II GP, L.L.C. BSS SCG GP Holdings, LLC is the sole member of Starwood Capital Group Holdings GP, L.L.C. Barry S. Sternlicht is the managing member of BSS SCG GP Holdings, LLC.

SEC source: 0001104659-24-059918 · tm2414116-2_4seq1.xml · nonDerivative · entry 2

PE Holder, L.L.C. · CIK 0001814336 · 10% owner

PE Holdings, L.L.C. · CIK 0001814249 · 10% owner

SOF-XI U.S. Public MAR Holdings L.P. · CIK 0001814257 · 10% owner

Starwood XI Management Holdings GP, L.L.C. · CIK 0001814281 · 10% owner

Starwood XI Management, L.P. · CIK 0001814282 · 10% owner

Starwood XI Management GP, L.L.C. · CIK 0001814283 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,647,059

F2 · kind: On May 8, 2024, PE Holder, L.L.C. exercised a warrant to purchase 12,000,000 shares of the Issuer's common stock at an adjusted exercise price of $6.89 per share. PE Holder, L.L.C. paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 9,352,941 of the warrant shares to pay the exercise price and issuing to PE Holder, L.L.C. the remaining 2,647,059 shares.

F1 · ownership.direct: Represents securities held by PE Holder, L.L.C. PE Holdings, L.L.C. is the sole member of PE Holder, L.L.C. SOF-XI U.S. Public MAR Holdings L.P. is the sole member of PE Holdings, L.L.C. Starwood XI Management Holdings GP, L.L.C. is the general partner of SOF-XI U.S. Public MAR Holdings L.P. Starwood XI Management, L.P. is the sole member of Starwood XI Management Holdings GP, L.L.C. Starwood XI Management GP, L.L.C. is the general partner of Starwood XI Management, L.P. Starwood Capital Group Global II, L.P. is the sole member of Starwood XI Management GP, L.L.C. SCGG II GP, L.L.C. is the general partner of Starwood Capital Group Global II, L.P. Starwood Capital Group Holdings GP, L.L.C. is the sole member of SCGG II GP, L.L.C. BSS SCG GP Holdings, LLC is the sole member of Starwood Capital Group Holdings GP, L.L.C. Barry S. Sternlicht is the managing member of BSS SCG GP Holdings, LLC.

SEC source: 0001104659-24-059918 · tm2414116-2_4seq1.xml · nonDerivative · entry 1

PE Holder, L.L.C. · CIK 0001814336 · 10% owner

PE Holdings, L.L.C. · CIK 0001814249 · 10% owner

SOF-XI U.S. Public MAR Holdings L.P. · CIK 0001814257 · 10% owner

Starwood XI Management Holdings GP, L.L.C. · CIK 0001814281 · 10% owner

Starwood XI Management, L.P. · CIK 0001814282 · 10% owner

Starwood XI Management GP, L.L.C. · CIK 0001814283 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,000,000

F1 · ownership.direct: Represents securities held by PE Holder, L.L.C. PE Holdings, L.L.C. is the sole member of PE Holder, L.L.C. SOF-XI U.S. Public MAR Holdings L.P. is the sole member of PE Holdings, L.L.C. Starwood XI Management Holdings GP, L.L.C. is the general partner of SOF-XI U.S. Public MAR Holdings L.P. Starwood XI Management, L.P. is the sole member of Starwood XI Management Holdings GP, L.L.C. Starwood XI Management GP, L.L.C. is the general partner of Starwood XI Management, L.P. Starwood Capital Group Global II, L.P. is the sole member of Starwood XI Management GP, L.L.C. SCGG II GP, L.L.C. is the general partner of Starwood Capital Group Global II, L.P. Starwood Capital Group Holdings GP, L.L.C. is the sole member of SCGG II GP, L.L.C. BSS SCG GP Holdings, LLC is the sole member of Starwood Capital Group Holdings GP, L.L.C. Barry S. Sternlicht is the managing member of BSS SCG GP Holdings, LLC.

SEC source: 0001104659-24-059921 · tm2414116-3_4seq1.xml · derivative · entry 3

STARWOOD CAPITAL GROUP GLOBAL II, L.P. · CIK 0001809797 · 10% owner

SCGG II GP, L.L.C. · CIK 0001814296 · 10% owner

Starwood Capital Group Holdings GP, L.L.C. · CIK 0001814302 · 10% owner

BSS SCG GP Holdings, LLC · CIK 0001814305 · 10% owner

STERNLICHT BARRY S · CIK 0001034657 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 12,000,000 shares

Expires 2025-05-28

F1 · ownership.direct: Represents securities held by PE Holder, L.L.C. PE Holdings, L.L.C. is the sole member of PE Holder, L.L.C. SOF-XI U.S. Public MAR Holdings L.P. is the sole member of PE Holdings, L.L.C. Starwood XI Management Holdings GP, L.L.C. is the general partner of SOF-XI U.S. Public MAR Holdings L.P. Starwood XI Management, L.P. is the sole member of Starwood XI Management Holdings GP, L.L.C. Starwood XI Management GP, L.L.C. is the general partner of Starwood XI Management, L.P. Starwood Capital Group Global II, L.P. is the sole member of Starwood XI Management GP, L.L.C. SCGG II GP, L.L.C. is the general partner of Starwood Capital Group Global II, L.P. Starwood Capital Group Holdings GP, L.L.C. is the sole member of SCGG II GP, L.L.C. BSS SCG GP Holdings, LLC is the sole member of Starwood Capital Group Holdings GP, L.L.C. Barry S. Sternlicht is the managing member of BSS SCG GP Holdings, LLC.

SEC source: 0001104659-24-059921 · tm2414116-3_4seq1.xml · nonDerivative · entry 2

STARWOOD CAPITAL GROUP GLOBAL II, L.P. · CIK 0001809797 · 10% owner

SCGG II GP, L.L.C. · CIK 0001814296 · 10% owner

Starwood Capital Group Holdings GP, L.L.C. · CIK 0001814302 · 10% owner

BSS SCG GP Holdings, LLC · CIK 0001814305 · 10% owner

STERNLICHT BARRY S · CIK 0001034657 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,647,059

F2 · kind: On May 8, 2024, PE Holder, L.L.C. exercised a warrant to purchase 12,000,000 shares of the Issuer's common stock at an adjusted exercise price of $6.89 per share. PE Holder, L.L.C. paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 9,352,941 of the warrant shares to pay the exercise price and issuing to PE Holder, L.L.C. the remaining 2,647,059 shares.

F1 · ownership.direct: Represents securities held by PE Holder, L.L.C. PE Holdings, L.L.C. is the sole member of PE Holder, L.L.C. SOF-XI U.S. Public MAR Holdings L.P. is the sole member of PE Holdings, L.L.C. Starwood XI Management Holdings GP, L.L.C. is the general partner of SOF-XI U.S. Public MAR Holdings L.P. Starwood XI Management, L.P. is the sole member of Starwood XI Management Holdings GP, L.L.C. Starwood XI Management GP, L.L.C. is the general partner of Starwood XI Management, L.P. Starwood Capital Group Global II, L.P. is the sole member of Starwood XI Management GP, L.L.C. SCGG II GP, L.L.C. is the general partner of Starwood Capital Group Global II, L.P. Starwood Capital Group Holdings GP, L.L.C. is the sole member of SCGG II GP, L.L.C. BSS SCG GP Holdings, LLC is the sole member of Starwood Capital Group Holdings GP, L.L.C. Barry S. Sternlicht is the managing member of BSS SCG GP Holdings, LLC.

SEC source: 0001104659-24-059921 · tm2414116-3_4seq1.xml · nonDerivative · entry 1

STARWOOD CAPITAL GROUP GLOBAL II, L.P. · CIK 0001809797 · 10% owner

SCGG II GP, L.L.C. · CIK 0001814296 · 10% owner

Starwood Capital Group Holdings GP, L.L.C. · CIK 0001814302 · 10% owner

BSS SCG GP Holdings, LLC · CIK 0001814305 · 10% owner

STERNLICHT BARRY S · CIK 0001034657 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,000,000

F1 · ownership.direct: Represents securities held by PE Holder, L.L.C. PE Holdings, L.L.C. is the sole member of PE Holder, L.L.C. SOF-XI U.S. Public MAR Holdings L.P. is the sole member of PE Holdings, L.L.C. Starwood XI Management Holdings GP, L.L.C. is the general partner of SOF-XI U.S. Public MAR Holdings L.P. Starwood XI Management, L.P. is the sole member of Starwood XI Management Holdings GP, L.L.C. Starwood XI Management GP, L.L.C. is the general partner of Starwood XI Management, L.P. Starwood Capital Group Global II, L.P. is the sole member of Starwood XI Management GP, L.L.C. SCGG II GP, L.L.C. is the general partner of Starwood Capital Group Global II, L.P. Starwood Capital Group Holdings GP, L.L.C. is the sole member of SCGG II GP, L.L.C. BSS SCG GP Holdings, LLC is the sole member of Starwood Capital Group Holdings GP, L.L.C. Barry S. Sternlicht is the managing member of BSS SCG GP Holdings, LLC.

SEC source: 0000950170-24-049855 · ownership.xml · nonDerivative · entry 1

Gillmore Michael · CIK 0001711880 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,122

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Michael Gillmore in lieu of dividends payable on DSUs owned by Mr. Gillmore. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Gillmore that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on April 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on April 25, 2024.

SEC source: 0000950170-24-049850 · ownership.xml · nonDerivative · entry 1

Smith Michael Bradley · CIK 0001711988 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,122

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. M. Bradley Smith in lieu of dividends payable on DSUs owned by Mr. Smith. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Smith that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on April 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on April 25, 2024.

SEC source: 0000950170-24-049851 · ownership.xml · nonDerivative · entry 1

SILVERSTEIN WENDY · CIK 0001246489 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,122

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Ms. Wendy Silverstein in lieu of dividends payable on DSUs owned by Ms. Silverstein. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Ms. Silverstein that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on April 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on April 25, 2024.

SEC source: 0000950170-24-049852 · ownership.xml · nonDerivative · entry 1

WHITE GREGORY · CIK 0001219399 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,122

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Gregory White in lieu of dividends payable on DSUs owned by Mr. White. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. White that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on April 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on April 25, 2024.

SEC source: 0000950170-24-049849 · ownership.xml · nonDerivative · entry 1

Schuster Todd · CIK 0001543437 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,295

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Todd Schuster in lieu of dividends payable on DSUs owned by Mr. Schuster. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Schuster that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on April 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on April 25, 2024.

SEC source: 0000950170-24-008317 · ownership.xml · nonDerivative · entry 1

Gillmore Michael · CIK 0001711880 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,186

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Michael Gillmore in lieu of dividends payable on DSUs owned by Mr. Gillmore. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Gillmore that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on January 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on January 25, 2024.

SEC source: 0000950170-24-008320 · ownership.xml · nonDerivative · entry 1

Smith Michael Bradley · CIK 0001711988 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,186

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. M. Bradley Smith in lieu of dividends payable on DSUs owned by Mr. Smith. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Smith that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on January 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on January 25, 2024.

SEC source: 0000950170-24-008318 · ownership.xml · nonDerivative · entry 1

SILVERSTEIN WENDY · CIK 0001246489 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,186

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Ms. Wendy Silverstein in lieu of dividends payable on DSUs owned by Ms. Silverstein. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Ms. Silverstein that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on January 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on January 25, 2024.

SEC source: 0000950170-24-008319 · ownership.xml · nonDerivative · entry 1

WHITE GREGORY · CIK 0001219399 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,186

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Gregory White in lieu of dividends payable on DSUs owned by Mr. White. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. White that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on January 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on January 25, 2024.

SEC source: 0000950170-24-008323 · ownership.xml · nonDerivative · entry 1

Schuster Todd · CIK 0001543437 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,166

F1 · shares: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") underlying deferred stock units ("DSUs") issued to Mr. Todd Schuster in lieu of dividends payable on DSUs owned by Mr. Schuster. The number of DSUs was calculated by dividing (i) the product of the number of DSUs owned by Mr. Schuster that provide for the issuance of DSUs in lieu of cash dividends and the $0.24 per share dollar amount of the Common Stock dividend paid by the Issuer on January 25, 2024 by (ii) the closing price of the Issuer's Common Stock as of the record date for the Common Stock dividend paid by the Issuer on January 25, 2024.

SEC source: 0000950170-23-072629 · ownership.xml · nonDerivative · entry 1

Gillmore Michael · CIK 0001711880 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,113

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Mr. Michael Gillmore on December 20, 2023 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Mr. Gillmore on the date of Mr. Gillmore's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-23-072631 · ownership.xml · nonDerivative · entry 1

Smith Michael Bradley · CIK 0001711988 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,113

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Mr. M. Bradley Smith on December 20, 2023 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Mr. Smith on the date of Mr. Smith's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-23-072630 · ownership.xml · nonDerivative · entry 1

Foley Robert · CIK 0001298783 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 407,237

F1 · security: The shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") awarded to Mr. Robert Foley will vest ratably in four annual installments beginning on June 30, 2024.

SEC source: 0000950170-23-072627 · ownership.xml · nonDerivative · entry 1

SILVERSTEIN WENDY · CIK 0001246489 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,113

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Ms. Wendy Silverstein on December 20, 2023 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Ms. Silverstein on the date of Ms. Silverstein's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-23-072637 · ownership.xml · nonDerivative · entry 1

WHITE GREGORY · CIK 0001219399 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 60,113

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Mr. Gregory White on December 20, 2023 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Mr. White on the date of Mr. White's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-23-072628 · ownership.xml · nonDerivative · entry 1

Schuster Todd · CIK 0001543437 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,019

F1 · security: Represents shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. underlying deferred stock units (the "New DSUs") awarded to Mr. Todd Schuster on December 20, 2023 (the "Grant Date"). The New DSUs were 100% vested on the Grant Date, but are subject to the restrictions set forth in the award agreement for the New DSUs (the "New DSU Award Agreement"). Subject to the terms of the New DSU Award Agreement, the shares of Common Stock underlying the New DSUs will be delivered to Mr. Schuster on the date of Mr. Schuster's "Separation from Service" (as defined in the New DSU Award Agreement).

SEC source: 0000950170-23-072632 · ownership.xml · nonDerivative · entry 1

Banyasz Avi · CIK 0001550532 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 103,703

F1 · security: The shares of common stock ("Common Stock") of TPG RE Finance Trust, Inc. (the "Issuer") awarded to Mr. Avi Banyasz will vest ratably in four annual installments beginning on June 30, 2024.