Texas Capital (TCBI) Chief Legal Officer exercises stock units, sells shares

Rhea-AI Filing Summary

Texas Capital Bancshares Chief Legal Officer Anna M. Alvarado reported equity award activity in company stock. On February 9, 2026, she exercised 1,135 restricted stock units and 2,724 2023 performance stock units, both at an exercise price of $0 per share.

She disposed of 457 shares of common stock at $104.62 per share in one transaction and 1,072 shares at the same price in another. After these transactions, she directly owned 26,537 shares of Texas Capital Bancshares common stock. The performance units were granted on February 9, 2023 and vested on February 9, 2026 based on applicable performance goals.

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
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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^*

Alvarado Anna M

(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 Legal 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		1,135	A	$0	25,342	D
Common Stock	02/09/2026		F		457	D	$104.62	24,885	D
Common Stock	02/09/2026		M		2,724	A	$0	27,609	D
Common Stock	02/09/2026		F		1,072	D	$104.62	26,537	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			1,135	02/07/2025	(1)	Common Stock	1,135	$0	0	D
2023 Performance Stock Units	$0	02/09/2026		M			2,724	02/09/2026	03/15/2026	Common Stock	2,724(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.

FAQ

Who is the insider in the TCBI Form 4 and what is their role?

The insider is Anna M. Alvarado, who serves as Chief Legal Officer of Texas Capital Bancshares. The filing shows her equity award exercises and related common stock transactions reported as a single reporting person under Section 16 rules.

What derivative awards did Anna M. Alvarado exercise in this TCBI Form 4?

She exercised 1,135 restricted stock units and 2,724 2023 performance stock units on February 9, 2026, each with an exercise price of $0. Both derivative positions went to zero following the reported transactions.

How many TCBI common shares did the Chief Legal Officer acquire and dispose of?

On February 9, 2026, she acquired 1,135 and 2,724 Texas Capital Bancshares common shares via award exercises. She disposed of 457 shares and 1,072 shares of common stock at a price of $104.62 per share.

What is Anna M. Alvarado’s TCBI share ownership after the reported transactions?

After the reported transactions, Anna M. Alvarado directly owned 26,537 shares of Texas Capital Bancshares common stock. All positions reported in the Form 4 are shown as direct ownership, with no indirect ownership listed.

When did the 2023 performance stock units for TCBI vest and on what basis?

The 2023 performance stock units were granted on February 9, 2023 and vested on February 9, 2026. The vesting occurred based on applicable performance goals as described in the footnote to the Form 4.

What transaction codes appear in the TCBI Form 4 for the Chief Legal Officer?

The Form 4 shows transaction code M for the exercise of restricted stock units and performance stock units, and code F for dispositions of common stock at $104.62 per share on February 9, 2026.