TPG RE Finance Trust (TRTX) executive compensation, 2026 proxy

Doug Bouquard, Chief Executive Officer, was paid $3.9M in 2025, up 11% from $3.5M the year before.

Filed
April 8, 2026
Annual meeting
May 19, 2026
Pay year
2025
Named executives
4
CEO total pay
$3.9M+11% vs prior year
CEO pay in equity
100%$3.9M in awards
CEO 2025 Total Compensation
$3,915,423Stock awards only
CEO 2024 Total Compensation
$3,515,543Stock awards only
CEO Unvested RSUs
1,032,461At fiscal year end
Year-End Stock Price
$8.61December 31, 2025

How Bouquard was paid

$3.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Stock awards100%

Named executive officers

ExecutiveTotal
Doug BouquardChief Executive Officer$3,915,423
Matthew ColemanPresident$515,599
Brandon FoxInterim Chief Financial Officer and Chief Accounting Officer$293,330
Robert FoleyFormer Chief Financial Officer$1,347,343

What changed and why

  • $3.9MDoug Bouquard received total compensation of $3,915,423 in 2025, reflecting an increase from $3,515,543 in 2024.
  • All executive compensation paid by the company consisted entirely of restricted stock unit awards, excluding allocated portions for CFO services.
  • Named executive officers are employees of an external manager and do not receive direct cash salaries from the company.
  • Equity awards granted in 2025 vest ratably in four annual installments beginning on the following June 30.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.