No insider purchase over the last 90 days. The latest, by Foley Robert, was filed 23 Nov 2022.
This page follows insider dealings at TPG RE Finance Trust, Inc. as filed with SEC (Form 4), a company from the Real Estate sector. From 22 October 2025 to 22 October 2026, the disclosure feed for TPG RE Finance Trust, Inc. logged 28 filings by 10 insiders.
No open-market purchase or sale appears among the filings, only grants, plan transactions and other operations. Compensation-driven entries like these are tracked, but they say little about how insiders judge the share price.
For context, the typical company on the same exchange (median of 2,023 companies) published 41 filings over the same period, against 28 filings here. Looking back to 2017, when coverage begins, insiders filed 25 purchases and 3 sales. The 10-K for the year ended 31 December 2025 shows 60.3 m USD of net income and a dividend of 0.96 USD per share.
Over the last twelve months, not one insider purchase of TPG RE Finance Trust, Inc. stock was filed. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 4 days. Section 16 rules allow two business days to file each Form 4.
In the same sector, recent insider purchases at Howard Hughes Holdings Inc. and Simon Property Group Inc /DE/ also feature in our signals. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate TPG RE Finance Trust, Inc. Buy (bullish), based on 6 analysts. Average price target: US$9.54.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2025 · cache
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TPG RE Finance Trust, Inc. (NYSE: TRTX) is a U.S.-based commercial real estate finance company listed on the NYSE in the United States. The business was established by TPG in late 2014 and was taken public in July 2017, giving it a long-standing sponsor-backed platform in the commercial real estate credit market. Its principal executive offices are located at 888 Seventh Avenue, 35th Floor, New York, New York 10106. ([tpg.com](https://www.tpg.com/platforms/real-estate/tpg-re-finance-trust))
TRTX operates as a commercial real estate finance REIT and focuses primarily on originating, acquiring, and managing commercial real estate-related credit assets. Its core portfolio is concentrated in first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary U.S. markets. In practical terms, the company is not a traditional property owner; it is a lender and credit investor whose economics depend on underwriting quality, loan structure, asset coverage, and disciplined risk management across the commercial property cycle. ([s23.q4cdn.com](https://s23.q4cdn.com/311307479/files/doc_financials/2024/q4/TRTX-2024-12-31-10K_Filed.pdf))
From a competitive standpoint, TRTX benefits from its relationship with TPG and with TPG Real Estate, the firm’s real estate platform. The latest annual report states that TPG is a major global alternative asset manager with $246 billion of assets under management as of December 31, 2024, and that TPG Real Estate managed more than $17.6 billion of real estate and real estate-related assets at that date. That sponsor franchise supports origination, sourcing, structuring, and portfolio oversight, which are key differentiators in the specialty CRE lending space. ([s23.q4cdn.com](https://s23.q4cdn.com/311307479/files/doc_financials/2024/q4/TRTX-2024-12-31-10K_Filed.pdf))
The company’s main products and services include commercial mortgage loans, pari passu participations, and other commercial real estate debt instruments such as subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, and preferred equity. TRTX typically targets properties undergoing transition or value creation, such as retenanting, refurbishment, or repositioning, and often favors floating-rate structures. This places the company in a niche that can offer attractive spreads, but also exposes it to credit and refinancing risk if property markets weaken. ([s23.q4cdn.com](https://s23.q4cdn.com/311307479/files/doc_financials/2024/q4/TRTX-2024-12-31-10K_Filed.pdf))
Geographically, the business is U.S.-focused, with assets secured by properties in selected U.S. primary and secondary markets. Organizationally, TPG Real Estate’s teams work across New York, San Francisco, and London, with representative offices in Atlanta and Chicago, underscoring the broader platform reach behind TRTX’s origination and management capabilities. ([s23.q4cdn.com](https://s23.q4cdn.com/311307479/files/doc_financials/2024/q4/TRTX-2024-12-31-10K_Filed.pdf))
Recent company disclosures show that TRTX continued to report operating results through early 2026, including its fourth-quarter and full-year 2025 results released on February 17, 2026. For investors following SEC Form 4 insider transactions, the filing flow remains relevant because it provides a real-time window into insider alignment and ownership changes around the listed vehicle. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001630472/000163047226000005/trtx-20260217exhibit991.htm))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | n.d. | 60.3 m USD | 0.57 USD | 0.96 USD | 10-K |
| Dec 2024 | n.d. | 74.3 m USD | 0.75 USD | 0.96 USD | 10-K |
| Dec 2023 | n.d. | -116.6 m USD | -1.69 USD | 0.96 USD | 10-K |
| Dec 2022 | n.d. | -60.1 m USD | -0.95 USD | 0.96 USD | 10-K |
| Dec 2021 | n.d. | 138.6 m USD | 0.87 USD | 0.95 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.