Texas Capital (NASDAQ: TCBI) CEO reports RSU grant and tax share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Capital Bancshares chairman, president and CEO Rob C. Holmes reported equity award activity and related tax withholding. On January 27, 2026, he received 37,452 2026 restricted stock units, which vest in three equal annual installments beginning January 27, 2027.
On January 29, 2026, 9,200 2025 RSUs were converted into an equal number of common shares, and 881 2026 RSUs were also exercised. To cover taxes, the company withheld and disposed of 3,404 shares at $98.87 and 881 shares at $97.63. After these transactions, Holmes directly owned 242,048 common shares, plus derivative holdings of 18,402 2025 RSUs and 37,452 2026 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,081 shares exercised/converted
Mixed
7 txns
Insider
Holmes Rob C
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Stock Units | 9,200 | $0.00 | -- |
| Exercise | 2026 Restricted Stock Units | 881 | $97.63 | $86K |
| Exercise | Common Stock | 9,200 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,404 | $98.87 | $337K |
| Exercise | Common Stock | 881 | $0.00 | -- |
| Tax Withholding | Common Stock | 881 | $97.63 | $86K |
| Grant/Award | 2026 Restricted Stock Units | 37,452 | $0.00 | -- |
Holdings After Transaction:
2025 Restricted Stock Units — 18,402 shares (Direct);
2026 Restricted Stock Units — 36,571 shares (Direct);
Common Stock — 245,452 shares (Direct)
Footnotes (1)
- The reported transaction involved the withholding of 665 shares of stock issuable upon the early vesting of an equal number of restricted stock units to pay taxes associated with the reporting person becoming retirement eligible. The restricted stock units vest in three equal annual installments beginning January 28, 2026. N/A The restricted stock units vest in three equal annual installments beginning January 27, 2027.
FAQ
What insider transactions did TCBI CEO Rob C. Holmes report?
Rob C. Holmes reported new restricted stock units and related share activity. He received 37,452 2026 RSUs, exercised 9,200 2025 RSUs and 881 2026 RSUs, and had shares withheld and sold to cover tax obligations tied to these equity awards.
What new restricted stock units did TCBI grant to its CEO?
On January 27, 2026, Rob C. Holmes was granted 37,452 2026 restricted stock units. According to the filing, these RSUs vest in three equal annual installments beginning January 27, 2027, creating a multi-year equity incentive that links compensation to ongoing service and company performance.
When do Rob Holmes’s TCBI restricted stock units vest?
The 2025 RSUs vest in three equal annual installments beginning January 28, 2026. The 2026 RSUs vest in three equal annual installments beginning January 27, 2027. This schedule spreads potential share delivery over several years, encouraging longer-term alignment with Texas Capital Bancshares.
What do the M and F transaction codes mean in the TCBI Form 4?
In this Form 4, code M indicates the exercise or conversion of derivative securities, such as restricted stock units, into common stock. Code F reflects shares withheld or disposed of to satisfy tax obligations related to those equity awards, rather than open-market discretionary share sales.