Director at Texas Capital (NASDAQ: TCBI) gains 1,670 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Capital Bancshares director Dale W. Tremblay increased his direct holdings through an equity award vesting. On April 22, 2026, 1,670 "2025 Restricted Stock Units" were exercised into 1,670 shares of Common Stock at a stated price of $0.00 per share. After this transaction, Tremblay directly holds 17,995 shares of Texas Capital Bancshares common stock. No open-market purchases or sales were reported in this filing; it reflects the conversion of a stock-based compensation award into common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,670 shares exercised/converted
Mixed
2 txns
Insider
Tremblay Dale W
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 — 17,995 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 1,670 units
Common shares received: 1,670 shares
Post-transaction holdings: 17,995 shares
+1 more
4 metrics
RSUs exercised
1,670 units
2025 Restricted Stock Units converted on April 22, 2026
Common shares received
1,670 shares
Common Stock issued upon RSU conversion
Post-transaction holdings
17,995 shares
Total direct Common Stock held after April 22, 2026
Exercise price
$0.00 per share
Stated conversion/exercise price for RSUs
Key Terms
Restricted Stock Units, derivative security, Common Stock
3 terms
Restricted Stock Units financial
"security_title: "2025 Restricted Stock Units" and derivative exercise"
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
"underlying_security_title: "Common Stock" received on conversion"
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.
FAQ
What insider transaction did TCBI director Dale W. Tremblay report?
Director Dale W. Tremblay reported an equity award vesting, converting 1,670 "2025 Restricted Stock Units" into 1,670 shares of Texas Capital Bancshares common stock, with a stated exercise and transaction price of $0.00 per share on April 22, 2026.
Did the TCBI insider Form 4 show any open-market buying or selling?
The Form 4 does not show any open-market purchases or sales. It reports only the exercise of 1,670 restricted stock units into 1,670 common shares as a derivative exercise event, at a stated price of $0.00 per share.
What type of derivative security was involved in this TCBI Form 4?
The filing involves "2025 Restricted Stock Units" as the derivative security. These units were exercised or converted into 1,670 shares of Texas Capital Bancshares common stock, with the transaction coded as an M event, indicating an exercise or conversion of a derivative security.
Was any tax withholding or gifting reported in this TCBI insider filing?
No tax withholding or gifting transactions were reported. The transaction summary shows zero tax withholding shares and zero gift shares, indicating the Form 4 reflects only the derivative exercise of restricted stock units into common stock on April 22, 2026.