Director at Texas Capital Bancshares (TCBI) exercises 1,670 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Capital Bancshares director Laura L. Whitley exercised 1,670 restricted stock units into Common Stock on April 22, 2026. This compensation-related derivative exercise increased her direct holdings to 9,631 shares of Common Stock, with no open-market purchases or sales reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,670 shares exercised/converted
Mixed
2 txns
Insider
Whitley Laura L
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 — 9,631 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 1,670 shares
Shares received: 1,670 shares
Shares held after: 9,631 shares
+2 more
5 metrics
RSUs exercised
1,670 shares
2025 Restricted Stock Units converted on April 22, 2026
Shares received
1,670 shares
Common Stock acquired via derivative exercise, code M
Shares held after
9,631 shares
Total direct Common Stock holdings following the transaction
Exercise price
$0.00 per share
Stated price for conversion of 2025 Restricted Stock Units
Transactions coded M
2 entries
One non-derivative Common Stock entry and one derivative RSU entry
Key Terms
Restricted Stock Units, derivative security, Common Stock, Form 4
4 terms
Restricted Stock Units financial
""2025 Restricted Stock Units" listed as derivative security title"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"security_title: "Common Stock" and underlying security title"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) heading for this insider report"
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 TCBI director Laura Whitley report?
Laura L. Whitley exercised 1,670 restricted stock units into Common Stock. The Form 4 shows a derivative exercise on April 22, 2026, classified as an exercise or conversion of a derivative security rather than an open-market stock purchase or sale.
Was the TCBI Form 4 transaction a stock purchase or sale?
The transaction was neither a market purchase nor a sale. It is coded "M" as an exercise or conversion of a derivative security, where 1,670 restricted stock units converted into an equal number of Common Stock shares at a stated price of $0.00 per share.
Does the TCBI Form 4 show any remaining derivative holdings for Laura Whitley?
No remaining derivative securities are listed after this exercise. The derivative position for the 2025 Restricted Stock Units falls to zero, and the filing’s derivative summary is empty, indicating no additional derivative securities reported as outstanding in this Form 4.