| Item 1. | |
| (a) | Name of issuer:
TPI COMPOSITES, INC |
| (b) | Address of issuer's principal executive offices:
8501 N SCOTTSDALE ROAD, GAINEY CENTER II, SUITE 100, SCOTTSDALE, Arizona, 85253 |
| Item 2. | |
| (a) | Name of person filing:
James O. Shaver |
| (b) | Address or principal business office or, if none, residence:
The principal business address of the Reporting Person is 10 East 53rd Street, 19th Floor, New York, NY 10022 |
| (c) | Citizenship:
United States |
| (d) | Title of class of securities:
Common Stock, par value $0.01 per share |
| (e) | CUSIP No.:
87266J104 |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) |  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
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| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
As of the close of business on December 31, 2024, the Reporting Person beneficially owned 950,000 shares of Common Stock. |
| (b) | Percent of class:
As of the close of business on December 31, 2024, the Reporting Person beneficially owned approximately 2% of the outstanding shares of the Issuer's Common Stock, which percentage was calculated based on 47,562,684 shares of the Issuer's Common Stock outstanding as of October 31, 2024, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on November 7, 2024. |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
See Cover Page Items 5-9.
|
| | (ii) Shared power to vote or to direct the vote:
See Cover Page Items 5-9.
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| | (iii) Sole power to dispose or to direct the disposition of:
See Cover Page Items 5-9.
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| | (iv) Shared power to dispose or to direct the disposition of:
See Cover Page Items 5-9.
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| Item 5. | Ownership of 5 Percent or Less of a Class. |
| | 
Ownership of 5 percent or less of a class
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
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Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
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Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
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Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
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Not Applicable
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