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 (4)
- F1. 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.
- F2. 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%).
- F3. 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.
- F4. The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
FAQ
What insider activity did TCBI disclose for Robert W. Stallings on this Form 4?
What are SCG Ventures LP’s indirect holdings in TCBI after these transactions?
What TCBI securities are held through the Stallings Foundation and directly by Stallings?
Who owns SCG Ventures LP that holds TCBI securities for Stallings?
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