13D Filings
TPG Inc.
TPG
Amendment
Ownership

56.40%

Total Shares

213,259,656

Issuer CIK

1880661

Event Date

Aug 13, 2026

Accepted

Aug 18, 2026, 06:13 PM

Reporting Persons (3)
NameType% of ClassAggregateSole VotingShared Voting
Coulter James G.
Individual
56.40%213,259,6562,410,746210,848,910
Winkelried Jon
Individual
56.00%211,712,451863,541210,848,910
TPG GP A, LLC
Other
55.80%210,848,9100210,848,910
Disclosure Items (4)

Security Title

Class A Common Stock, $0.001 par value per share

Issuer Name

TPG Inc.

Issuer Address

301 Commerce Street, Suite 3300, Fort Worth, TX, 76102

This Amendment amends and restates the second through fifth paragraphs of Item 2(a) of the Original Schedule 13D in their entirety as set forth below: "TPG GP A is the managing member of each of (i) TPG Group Holdings (SBS) Advisors, LLC, a Delaware limited liability company, and (ii) Alabama Investments (Parallel) GP, LLC, a Delaware limited liability company. TPG Group Holdings (SBS) Advisors, LLC is the general partner of TPG Group Holdings (SBS), L.P., a Delaware limited partnership, which directly holds 169,591,631 shares of Class B common stock, $0.001 par value per share ("Class B Common Stock"), of the Issuer. Alabama Investments (Parallel) GP, LLC is the general partner of each of (i) Alabama Investments (Parallel), LP, a Delaware limited partnership that directly holds 34,554,949 Common Units and a corresponding number of shares of Class B Common Stock, (ii) Alabama Investments (Parallel) Founder A, LP, a Delaware limited partnership that directly holds 455,000 Common Units and a corresponding number of shares of Class B Common Stock, and (iii) Alabama Investments (Parallel) Founder G, LP, a Delaware limited partnership (together with Alabama Investments (Parallel), LP and Alabama Investments (Parallel) Founder A, LP, the "API Entities") that directly holds 875,000 Common Units and a corresponding number of shares of Class B Common Stock. The Peppertree Holders (as defined below) directly hold an aggregate of 5,372,330 Common Units and an equal number of shares of Class B Common Stock. As a result of the agreements entered into by the Peppertree Holders, TPG GP A may be deemed to be the beneficial owner of the Common Units and shares of Class B Common Stock directly held by the Peppertree Holders. Excluding the securities beneficially owned by TPG Group Holdings (SBS), L.P., the API Entities and the Peppertree Holders, Mr. Coulter beneficially owns directly or indirectly 2,410,746 shares of Class A Common Stock, and Mr. Winkelried beneficially owns directly or indirectly 863,541 shares of Class A Common Stock."

This Amendment amends and supplements Item 4 of the Original Schedule 13D by inserting the following before the penultimate paragraph: "Q3 2026 Exchange Pursuant to the Exchange Agreement, on August 14, 2026, 6,960,798 Common Units were ultimately distributed to certain partners of TPG Partner Holdings, L.P. and the API Entities in connection with the exchange by such partners of those Common Units for an equal number of shares of Class A Common Stock and the cancellation of an equal number of shares of Class B Common Stock (the "Q3 2026 Exchange")."

Percentage of Class

This Amendment amends and restates the second paragraph of Item 5 of the Original Schedule 13D in its entirety as set forth below: "(a)-(b) The following sentence is based on a total of 377,918,766 shares of Class A Common Stock outstanding, which is the sum of the (i) 160,109,058 shares of Class A Common Stock outstanding as of July 31, 2026, as reported in the Quarterly Report on Form 10-Q filed by the Issuer with the Commission on August 4, 2026, (ii) 6,960,798 shares of Class A Common Stock issued in connection with the Q3 2026 Exchange, and (iii) 210,848,910 shares of Class A Common Stock issuable upon exchange of 210,848,910 Common Units and the cancellation of a corresponding number of shares of Class B Common Stock. Pursuant to Rule 13d-3 under the Act, TPG GP A may be deemed to beneficially own 210,848,910 shares of Class A Common Stock, which constitutes approximately 55.8% of the outstanding shares of Class A Common Stock; Mr. Coulter may be deemed to beneficially own 213,259,656 shares of Class A Common Stock, which constitutes approximately 56.4% of the outstanding shares of Class A Common Stock; and Mr. Winkelried may be deemed to beneficially own 211,712,451 shares of Class A Common Stock, which constitutes approximately 56.0% of the outstanding shares of Class A Common Stock."

Number of Shares

See response to Item 5(a) above.