Director at Texas Capital (TCBI) exercises units into 1,670 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Capital Bancshares director Ranjana B. Clark reported a routine equity compensation event. On April 22, 2026, she exercised 1,670 2025 Restricted Stock Units into 1,670 shares of Common Stock at a stated price of $0.0000 per unit. After the transaction, she directly holds 1,670 Common shares and no remaining 2025 RSUs from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,670 shares exercised/converted
Mixed
2 txns
Insider
Clark Ranjana B
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 — 1,670 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 1,670 units
Shares received: 1,670 shares
Shares held after: 1,670 shares
+1 more
4 metrics
RSUs exercised
1,670 units
2025 Restricted Stock Units exercised on April 22, 2026
Shares received
1,670 shares
Common Stock received from RSU conversion
Shares held after
1,670 shares
Total direct Common Stock holdings following transaction
Exercise price
$0.0000 per unit
Stated conversion price for 2025 Restricted Stock Units
Key Terms
2025 Restricted Stock Units, Exercise or conversion of derivative security, Form 4
3 terms
2025 Restricted Stock Units financial
"security_title": "2025 Restricted Stock Units""
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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 Texas Capital (TCBI) director Ranjana B. Clark report?
Ranjana B. Clark reported exercising 1,670 2025 Restricted Stock Units into 1,670 shares of Common Stock. This is a non-cash, compensation-related derivative exercise, not an open-market purchase or sale, and reflects routine equity award vesting for a company director.
Was the Texas Capital (TCBI) Form 4 a stock purchase or sale?
The Form 4 shows an exercise of derivative securities, not a market purchase or sale. Clark converted 1,670 2025 Restricted Stock Units into 1,670 Common shares at a stated price of $0.0000, a standard equity compensation event rather than open-market trading activity.
What does the M transaction code mean in the Texas Capital (TCBI) Form 4?
The M code on the Form 4 indicates an exercise or conversion of a derivative security. In this case, 1,670 2025 Restricted Stock Units were converted into 1,670 shares of Common Stock, reflecting vesting of equity awards granted as compensation to the director.