Texas Capital Bancshares Board Director Buys 40K Shares for $888K

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($22.20); post-transaction worth based connected the weighted mean closing terms betwixt the 2 days of the transaction.

• Were immoderate options oregon derivatives exercised, oregon was this a straightforward open-market purchase?
  No derivative instruments oregon enactment exercises were reported; the transaction consisted wholly of open-market acquisitions of Depositary Shares for Series B Preferred shares.

• What is the marketplace discourse astir this transaction?
  The acquisition was made astatine a weighted mean terms of $22.20 per share. The banal has delivered a 29.88% full instrumentality implicit the trailing year.

* 1-year show is calculated utilizing Feb. 28, 2026 arsenic the notation date.

Texas Capital Bancshares is simply a starring determination slope holding institution headquartered successful Dallas, Texas, with a beardown beingness crossed the state. The institution offers a broad suite of commercialized and user banking products, including deposit accounts, commercialized and existent property loans, owe finance, instrumentality leasing, and wealthiness absorption services. It generates gross chiefly done nett involvement income connected loans and deposits, arsenic good arsenic fee-based services specified arsenic concern banking, escrow, and spot operations.

It’s important to enactment that Stallings really didn’t acquisition immoderate TCBI shares, nor did helium acquisition Series B preferred stock. He purchased the company’s Depositary Shares, known arsenic TCBIO. Each TCBIO stock equals 1/40 of an ownership involvement successful 1 Series B preferred share. TCBIO offers investors to gain dividends from Texas Capital Bancshares, but has nary voting power. The communal stock, TCBI, pays zero dividends but offers voting power.

In precocious January 2026, Texas Capital announced it would wage a currency dividend of $14.38 per Series B share, equivalent to $0.359375 per depositary share. The dividend volition beryllium paid connected March 16 for those who clasp shares by the extremity of the concern time connected March 2. Those funny successful investing successful the holding company’s depositary shares tin find it listed connected the NASDAQ nether the ticker TCBIO.