SCG Ventures linked to TCBI (TCBI) director adds Series B depositary shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Capital Bancshares director Robert W. Stallings, through affiliated entity SCG Ventures LP, reported open-market purchases of the company’s Series B preferred stock depositary shares.
SCG Ventures LP bought 2,500 depositary shares on January 29, 2026 at $20.94 and 4,500 depositary shares on January 30, 2026 at $20.91. Following these trades, SCG Ventures LP held 284,913 depositary shares and 90,039 common shares indirectly for Stallings. Additional indirect holdings include 60,000 depositary shares held by The Stallings Foundation and 84,587 depositary shares plus 289,961 common shares reported as directly beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,000 shares ($146,445)
Net Buy
6 txns
Insider
STALLINGS ROBERT W
Role
Director
Bought
7,000 shs ($146K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Depositary Shares for Series B Preferred Stock | 4,500 | $20.91 | $94K |
| Purchase | Depositary Shares for Series B Preferred Stock | 2,500 | $20.94 | $52K |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Depositary Shares for Series B Preferred Stock — 284,913 shares (Indirect, SCG Ventures LP);
Common Stock — 90,039 shares (Indirect, SCG Ventures LP);
Depositary Shares for Series B Preferred Stock — 84,587 shares (Direct);
Common Stock — 289,961 shares (Direct)
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. The stated price represents the average based on prices ranging from $20.85 to $20.99. 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. 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 $20.87 to $20.95. 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.
FAQ
What insider transactions did TCBI director Robert W. Stallings report?
Robert W. Stallings reported indirect purchases of Texas Capital Bancshares Series B preferred stock depositary shares through SCG Ventures LP. The entity bought 2,500 depositary shares on January 29, 2026 and 4,500 on January 30, 2026 in open-market transactions at prices around $20.90 per share.
What are Robert W. Stallings’ indirect holdings in TCBI after these transactions?
After the reported transactions, entities associated with Robert W. Stallings held 284,913 Series B depositary shares and 90,039 common shares through SCG Ventures LP. The filing also reports 60,000 depositary shares held by The Stallings Foundation, plus 84,587 depositary shares and 289,961 common shares reported as directly beneficially owned.