SCG Ventures linked to Stallings adds TCBI (TCBI) Series B preferred stake
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Depositary Shares for Series B Preferred Stock | 3,600 | $21.10 | $76K |
| Purchase | Depositary Shares for Series B Preferred Stock | 515 | $20.97 | $11K |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (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. 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%). 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. The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
