---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-23-001124"
form_type: "8-K"
ticker: "TPG"
cik: "0001880661"
company_name: "TPG Inc."
filed_at: "2023-12-04T23:59:59+00:00"
generated_at: "2026-06-07T18:55:46.543308+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TPG approves CEO Winkelried long-term incentive: 2.6M RSUs + 3.9M PRSUs with stock price hurdles

## Summary
- 2,594,755 RSUs vest 25% annually on Jan 13, 2025-2028; dividend equivalents paid on vested and unvested RSUs.
- 3,892,133 PRSUs vest 20% annually 2025-2029, contingent on stock price hurdles: $52.50, $58.45, $64.05, $70.00.
- PRSU hurdles represent 150%–200% of grant date closing price; 1.5x hurdle must be met by Jan 13, 2029, others by Jan 13, 2030.
- Termination without cause, good reason, death, or disability provides credit for service vesting through next scheduled date; PRSUs stay eligible.
- Dividend equivalents accrue on PRSUs and pay only if both service and performance conditions are satisfied.

## SEC filing metadata
- accession: 0000947871-23-001124
- form_type: 8-K
- ticker: TPG
- cik: 0001880661
- company_name: TPG Inc.
- filed_at: 2023-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880661/000094787123001124/0000947871-23-001124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880661/000094787123001124/ss2776627_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-23-001124
- JSON: https://secwatch.observer/filing/0000947871-23-001124.json
- Plain text: https://secwatch.observer/filing/0000947871-23-001124.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.