Welcome to our dedicated page for Tpg Re Finance T SEC filings (Ticker: TRTX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The TPG RE Finance Trust, Inc. (TRTX) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. TRTX is a Maryland corporation with common stock and 6.25% Series C Cumulative Redeemable Preferred Stock listed on the New York Stock Exchange, and its filings offer detailed insight into its commercial real estate finance activities.
Through periodic and current reports, investors can review how TRTX describes its business of originating, acquiring, and managing primarily first mortgage loans and other commercial real estate-related debt instruments secured by institutional properties in primary and select secondary markets in the United States. Filings such as Form 10-K and Form 10-Q, referenced in the company’s press releases, discuss risk factors, portfolio composition, financing arrangements, and the company’s use of non-GAAP measures like Distributable Earnings.
Current reports on Form 8-K provide more targeted updates. For example, TRTX has filed 8-Ks describing the pricing and closing of a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation (TRTX 2025-FL7), including the classes of notes issued, collateral interests involved, and the use of proceeds. Other 8-Ks cover quarterly earnings releases, authorization of share repurchase programs, board appointments, and executive transitions such as the appointment of an interim chief financial officer.
On this page, users can track TRTX’s 10-K and 10-Q reports for comprehensive financial statements and risk disclosures, and Form 8-K filings for material events, capital markets transactions, and governance changes. Stock Titan enhances these documents with AI-powered summaries that highlight key points, helping readers interpret complex structures like CRE CLOs, loan portfolio metrics, and non-GAAP reconciliations without having to parse every line of the original filings.
Because filings are sourced in real time from the SEC’s EDGAR system, this page is a central reference for anyone analyzing TRTX’s regulatory history, capital structure, and ongoing disclosure practices, including preferred stock terms, share repurchase authorizations, and the company’s relationship with its external manager, TPG RE Finance Trust Management, L.P.
Gratia Capital, LLC and Steve Pei report holding 2,901,577 shares of TPG RE Finance Trust common stock, representing 3.7% of the outstanding shares. Gratia, an investment adviser, and Pei acquired the stake for investment purposes using client working capital and Pei’s and affiliates’ personal funds.
They believe the company’s share price does not reflect its short- and long-term prospects and plan positive, supportive discussions with management on dividend increases, broader strategic initiatives, and positioning within the mortgage REIT sector. As of April 17, 2026, the 3.7% interest is based on 78,354,052 shares outstanding.
TPG RE Finance Trust, Inc. is asking stockholders to vote at its 2026 virtual annual meeting on May 19, 2026 at 11:30 a.m. Eastern Time. Holders of common stock at the March 30, 2026 record date, when 77,519,744 shares were outstanding, may vote.
Stockholders will elect eight directors for terms ending at the 2027 meeting, ratify Deloitte & Touche LLP as independent auditor for 2026, and cast a non-binding advisory vote on executive compensation. The board currently has a majority of independent directors and uses separate chair and CEO roles with a designated lead independent director.
The company is externally managed under a Management Agreement with its manager, paying a base management fee of the greater of $250,000 per year or 1.50% of equity, which totaled $20.9 million in 2025. Named executive officers are employed by TPG affiliates and primarily receive equity-based compensation; in December 2025 they were granted restricted stock units that generally vest over four years.
The Vanguard Groupzero shares beneficially ownedTPG RE Finance Trust Inc common stock (CUSIP 87266M107). The filing states this change follows an internal realignment on January 12, 2026 that disaggregated certain subsidiaries' holdings.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.
TPG RE Finance Trust is using a March 2026 investor presentation to outline fourth-quarter and full-year 2025 results and its lending strategy. For 4Q25, net income attributable to common stockholders was $0.2 million, or $0.00 per diluted share, while Distributable Earnings reached $18.5 million, or $0.24 per diluted share, matching the quarterly common dividend of $0.24.
For 2025, Distributable Earnings were $76.8 million, or $0.97 per diluted share, against common dividends of $0.96 per share. Book value per common share was $11.07 as of December 31, 2025, and the common dividend implied an 11.3% annualized yield based on a February 25, 2026 share price of $8.46.
The loan investment portfolio totaled $4.3 billion of commitments with $4.1 billion outstanding, a weighted average all-in yield of 7.15% and 99.7% floating-rate exposure. The company increased its Debt-to-Equity ratio from 2.14x to 3.02x over 2025, while keeping 82% of its financing non‑mark‑to‑market and maintaining a weighted average loan risk rating of 3.0.
TPG RE Finance Trust reported 2025 results showing modest profitability and active portfolio growth. GAAP net income attributable to common stockholders was $45.5 million, or $0.57 per diluted share, while Distributable Earnings reached $76.8 million, or $0.97 per diluted share.
The company declared common dividends of $0.96 per share for 2025 and ended the year with book value of $11.07 per share. It originated $1.9 billion of first mortgage loans, bringing the loan investment portfolio to $4.3 billion with a weighted average all‑in yield of 7.15% and 100% of loans performing.
Credit quality remained stable with a weighted average risk rating of 3.0, although the CECL allowance increased to $77.4 million, or 180 bps of total loan commitments. TRTX also executed two CRE CLOs totaling $2.2 billion, maintained $143.0 million of near‑term liquidity, and kept 82.0% of borrowings on non‑mark‑to‑market financing.
TPG RE Finance Trust, Inc. files its annual report describing a large, floating‑rate commercial real estate loan portfolio and the key risks to its business. The company operates as a REIT, externally managed by a TPG affiliate, and focuses on first mortgage loans on institutional‑quality U.S. properties.
As of December 31, 2025, it held 50 loans with total commitments of $4.29 billion and unpaid principal of $4.12 billion, generating a weighted average all‑in yield of 7.1% and average loan‑to‑value of 65.7%. The portfolio is 99.7% floating‑rate and primarily secured by multifamily and office assets in major U.S. metros such as New York, Los Angeles, and San Francisco.
The report highlights reliance on secured credit facilities and CLOs for financing, with 82% of indebtedness having no mark‑to‑market provisions. Management emphasizes sensitivity to interest rate movements, real estate market conditions, competition for deals, and the need to maintain REIT and Investment Company Act status as central ongoing risks.
TPG RE Finance Trust director Wendy Silverstein reported a small share increase tied to dividend equivalents. On January 23, 2026, she acquired 1,007 shares of common stock at $8.79 per share, bringing her directly held position to 96,395 shares. The new shares represent stock underlying deferred stock units granted in lieu of cash dividends on existing deferred stock units, calculated using a $0.24 per share common stock dividend and the closing share price on the dividend record date.
TPG RE Finance Trust director M. Bradley Smith reported a routine share accrual tied to dividends rather than an open-market trade. On January 23, 2026, he acquired 1,007 shares of common stock at a reference price of $8.79 per share, increasing his holdings to 96,395 shares held directly.
These shares represent common stock underlying deferred stock units (DSUs) issued in lieu of cash dividends on DSUs he already owns. The number of new DSUs was calculated using the $0.24 per-share cash dividend paid on January 23, 2026 and the closing share price on the dividend’s record date, so this transaction reflects dividend-equivalent compensation rather than a discretionary purchase or sale.
TPG RE Finance Trust, Inc. director Todd Schuster reported a small increase in his shareholdings through dividend-equivalent awards. On January 23, 2026, he acquired 138 shares of common stock of TPG RE Finance Trust, Inc. at a reference price of $8.79 per share, leaving him with 63,662 common shares held directly after the transaction.
According to the footnote, these shares represent common stock underlying deferred stock units (DSUs) that were issued to Mr. Schuster in lieu of cash dividends on DSUs he already owned. The number of DSUs was based on a $0.24 per share common dividend paid by the company on January 23, 2026, divided by the closing stock price on the dividend record date. This reflects a routine, dividend-related equity accrual rather than an open-market purchase or sale.