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  4. [Form 4] TEXAS CAPITAL BANCSHARES INC/TX Insider Trading Activity

Texas Capital Bancshares (TCBI) CFO logs RSU and PSU conversions, stock trades

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Texas Capital Bancshares Chief Financial Officer John Matthew Scurlock reported multiple equity-related transactions on February 9, 2026. Restricted stock units covering 1,369 shares and 2023 performance stock units covering 3,284 shares were exercised for common stock at an exercise price of $0 per share.

On the same date, corresponding movements in Common Stock were recorded, including acquisitions coded "M" and dispositions coded "F" at $104.62 per share. Following these transactions, Scurlock directly owned 21,132 shares of Texas Capital Bancshares common stock.

Positive

  • None.

Negative

  • None.
Insider Scurlock John Matthew
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 1,369 $0.00 --
Exercise 2023 Performance Stock Units 3,284 $0.00 --
Exercise Common Stock 1,369 $0.00 --
Tax Withholding Common Stock 539 $104.62 $56K
Exercise Common Stock 3,284 $0.00 --
Tax Withholding Common Stock 1,293 $104.62 $135K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); 2023 Performance Stock Units — 0 shares (Direct); Common Stock — 19,680 shares (Direct)
Footnotes (1)
  1. n/a These performance units were granted February 9, 2023 and vested on February 9, 2026 based on applicable performance goals.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Scurlock John Matthew
(Last) (First) (Middle)
2000 MCKINNEY AVENUE
SUITE 700
(Street)
DALLAS TX 75201
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TEXAS CAPITAL BANCSHARES INC/TX [ TCBI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/09/2026 M 1,369 A $0 19,680 D
Common Stock 02/09/2026 F 539 D $104.62 19,141 D
Common Stock 02/09/2026 M 3,284 A $0 22,425 D
Common Stock 02/09/2026 F 1,293 D $104.62 21,132 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0 02/09/2026 M 1,369 02/07/2025 (1) Common Stock 1,369 $0 0 D
2023 Performance Stock Units $0 02/09/2026 M 3,284 02/09/2026 03/15/2026 Common Stock 3,284(2) $0 0 D
Explanation of Responses:
1. n/a
2. These performance units were granted February 9, 2023 and vested on February 9, 2026 based on applicable performance goals.
Remarks:
Mary Helen Hall, attorney-in-fact 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did TCBI’s CFO report on February 9, 2026?

On February 9, 2026, TCBI Chief Financial Officer John Matthew Scurlock reported exercises of restricted stock units and 2023 performance stock units into common stock, along with related acquisitions and dispositions of common shares coded "M" and "F" on the same date.

How many Texas Capital Bancshares shares does the CFO own after this Form 4?

After the reported transactions, TCBI Chief Financial Officer John Matthew Scurlock directly owned 21,132 shares of Texas Capital Bancshares common stock. This figure reflects all acquisitions and dispositions reported on February 9, 2026 in the Form 4 tables.

What derivative awards were involved in TCBI CFO’s February 2026 Form 4?

The Form 4 shows activity in Restricted Stock Units for 1,369 shares and 2023 Performance Stock Units for 3,284 shares. Both derivative awards were exercised into common stock on February 9, 2026 at an exercise price of $0 per share.

At what price were some TCBI common shares disposed of by the CFO?

Certain dispositions of Texas Capital Bancshares common stock reported by the CFO on February 9, 2026 were coded "F" and occurred at a price of $104.62 per share, according to the non-derivative securities table included in the Form 4.

When did TCBI’s 2023 performance stock units vest for the CFO?

The 2023 performance stock units reported in the Form 4 were granted on February 9, 2023 and vested on February 9, 2026. The footnote explains vesting occurred based on applicable performance goals before conversion into common stock on that same date.

What is John Matthew Scurlock’s role at Texas Capital Bancshares?

John Matthew Scurlock is identified as an officer of Texas Capital Bancshares, serving as Chief Financial Officer. The Form 4 indicates he is not a director and not a 10% owner, and the filing is made by one reporting person.