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SCG Ventures linked to Stallings adds TCBI (TCBI) Series B preferred stake

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

SCG Ventures LP, an entity associated with Texas Capital Bancshares director Robert W. Stallings, reported open-market purchases of the company’s Series B preferred stock depositary shares. On February 2, 2026, SCG Ventures LP bought 515 depositary shares at $20.97 each, and on February 3, 2026 it bought 3,600 depositary shares at an average price of $21.10.

Following these transactions, SCG Ventures LP indirectly held 289,028 Series B preferred depositary shares and 90,039 shares of common stock. Additional holdings include 60,000 Series B preferred depositary shares held indirectly through the Stallings Foundation and 84,587 Series B preferred depositary shares and 289,961 common shares held directly. Each depositary share represents a 1/40th interest in a share of the issuer’s 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
STALLINGS ROBERT W

(Last) (First) (Middle)
2000 MCKINNEY AVENUE
SUITE 700

(Street)
DALLAS TX 75201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TEXAS CAPITAL BANCSHARES INC/TX [ TCBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Depositary Shares for Series B Preferred Stock(1) 02/02/2026 P 515 A $20.97 285,428 I SCG Ventures LP(2)
Depositary Shares for Series B Preferred Stock(1) 02/03/2026 P 3,600 A $21.1(3) 289,028 I SCG Ventures LP(2)
Common Stock 90,039 I SCG Ventures LP(2)
Depositary Shares for Series B Preferred Stock(1) 60,000 I Stallings Foundation(4)
Depositary Shares for Series B Preferred Stock(1) 84,587 D
Common Stock 289,961 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Each Depositary Share represents a 1/40th interest in a share of the issuer's 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $.01 per share.
2. SCG Ventures LP is owned by the RWS Investment Trust (49.5%), the LES Investment Trust (49.5%) and Stallings Management LLC (1%), its general partner. Stallings Management LLC is owned by Mr. and Mrs. Stallings (100%).
3. The stated price represents the average based on prices ranging from $21.06 to $21.25. Upon request from the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
4. The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
Remarks:
Mary Helen Hall, attorney-in-fact 02/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did TCBI disclose for Robert W. Stallings on this Form 4?

The filing shows entities associated with director Robert W. Stallings bought additional Texas Capital Bancshares Series B preferred depositary shares, and also reports his indirect and direct holdings of both preferred depositary shares and common stock after the reported transactions.

How many TCBI Series B preferred depositary shares did SCG Ventures LP purchase?

SCG Ventures LP purchased 515 Series B preferred depositary shares on February 2, 2026, at $20.97 each and 3,600 depositary shares on February 3, 2026, at an average price of $21.10, increasing its indirect holdings in Texas Capital Bancshares’ preferred stock.

What are SCG Ventures LP’s indirect holdings in TCBI after these transactions?

After the reported trades, SCG Ventures LP indirectly held 289,028 depositary shares for Series B preferred stock and 90,039 shares of Texas Capital Bancshares common stock. These positions are reported as indirect beneficial ownership related to director Robert W. Stallings.

How are TCBI’s Series B preferred depositary shares structured?

Each Texas Capital Bancshares Series B preferred depositary share represents a 1/40th interest in one share of the issuer’s 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, with a par value of $0.01 per share, according to the filing’s explanatory footnote.

What TCBI securities are held through the Stallings Foundation and directly by Stallings?

The Stallings Foundation holds 60,000 depositary shares for Series B preferred stock, while Robert W. Stallings directly holds 84,587 depositary shares for Series B preferred stock and 289,961 shares of common stock of Texas Capital Bancshares, as reported in the holdings table.

Who owns SCG Ventures LP that holds TCBI securities for Stallings?

SCG Ventures LP is owned by the RWS Investment Trust and the LES Investment Trust, each with 49.5%, and Stallings Management LLC with 1% as general partner. Stallings Management LLC is owned 100% by Mr. and Mrs. Stallings, linking the partnership to the director.
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