Form 4: Holmes Rob C reports multiple insider transactions in TCBI
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Holmes Rob C reported multiple insider transaction types in a Form 4 filing for TCBI. The filing lists transactions totaling 22,672 shares at a weighted average price of $103.42 per share. Following the reported transactions, holdings were 10,257 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,566 shares exercised/converted
Mixed
3 txns
Insider
Holmes Rob C
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2024 Restricted Stock Units | 9,566 | $0.00 | -- |
| Exercise | Common Stock | 9,566 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,540 | $103.42 | $366K |
Holdings After Transaction:
2024 Restricted Stock Units — 10,257 shares (Direct);
Common Stock — 269,775 shares (Direct)
Footnotes (1)
- N/A The restricted stock units vest in three equal annual installments beginning February 16, 2025.
FAQ
What insider transaction did TCBI CEO Rob C. Holmes report?
Rob C. Holmes reported exercising 9,566 restricted stock units into Texas Capital Bancshares common stock at an exercise price of $0. The award is from 2024 and is structured to vest in three equal annual installments beginning on February 16, 2025.
What are the terms of the CEO’s 2024 restricted stock units at TCBI?
The 2024 restricted stock units granted to Rob C. Holmes vest in three equal annual installments beginning February 16, 2025. On February 13, 2026, 9,566 of these units were exercised into common stock at an exercise price of $0 per share.
Is the CEO’s Form 4 transaction in TCBI stock a market sale?
The filing shows a tax-withholding disposition coded F, where 3,540 shares were delivered at $103.42 per share. This reflects shares withheld to cover taxes associated with vesting, rather than a discretionary open-market sale by the CEO.