Director at Texas Capital (TCBI) converts 1,670 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TEXAS CAPITAL BANCSHARES INC/TX director Thomas E. Long exercised restricted stock units into common stock. On April 22, 2026, 1,670 "2025 Restricted Stock Units" were converted into 1,670 shares of Common Stock at a stated price of $0.00 per share.
After this compensation-related derivative exercise, Long directly holds 12,173 shares of Common Stock. The filing shows no open-market sale or gift; it reflects a routine conversion of equity awards into stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,670 shares exercised/converted
Mixed
2 txns
Insider
Long Thomas E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Stock Units | 1,670 | $0.00 | -- |
| Exercise | Common Stock | 1,670 | $0.00 | -- |
Holdings After Transaction:
2025 Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 12,173 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs converted: 1,670 units
Common shares acquired: 1,670 shares
Shares held after transaction: 12,173 shares
+1 more
4 metrics
RSUs converted
1,670 units
2025 Restricted Stock Units converted on April 22, 2026
Common shares acquired
1,670 shares
Common Stock received from RSU conversion at $0.00 per share
Shares held after transaction
12,173 shares
Total direct Common Stock holdings following April 22, 2026 exercise
Exercise price
$0.00 per share
Stated price for conversion of RSUs into Common Stock
Key Terms
Restricted Stock Units, derivative security, Form 4
3 terms
Restricted Stock Units financial
"security_title: "2025 Restricted Stock Units" converted into common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for Texas Capital Bancshares"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TCBI director Thomas E. Long report?
Thomas E. Long reported exercising restricted stock units into common stock. On April 22, 2026, 1,670 "2025 Restricted Stock Units" were converted into 1,670 shares of Texas Capital common stock, reflecting a compensation-related equity award becoming directly held shares.
Was the TCBI Form 4 transaction a stock sale or purchase on the market?
The Form 4 does not show an open-market buy or sell. It records a derivative exercise where 1,670 restricted stock units were converted into common shares at a stated price of $0.00, without any coded open-market sale or purchase.
What type of derivative security did Thomas E. Long exercise at Texas Capital?
Long exercised "2025 Restricted Stock Units" into common stock. The filing lists a derivative transaction for 1,670 restricted stock units, which were converted into 1,670 underlying common shares as part of an equity award vesting event.
Does the TCBI Form 4 show remaining derivative awards after the RSU conversion?
The filing’s derivative summary is empty after this transaction. That indicates no additional derivative positions, such as unexercised restricted stock units related to this specific award, are shown as remaining in this Form 4 snapshot.