SCG Ventures LP tied to TCBI (NASDAQ: TCBI) buys Series B depositary shares
Rhea-AI Filing Summary
Texas Capital Bancshares Inc. director-related entity reports preferred share purchase. On 01/23/2026, SCG Ventures LP, an entity associated with director Robert W. Stallings, purchased 2,000 Depositary Shares for Series B Preferred Stock at an average price of $20.91 per depositary share. Each depositary share represents a 1/40th interest in a share of the company’s 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B.
After this transaction, SCG Ventures LP is shown as indirectly holding 277,913 depositary shares and 90,039 shares of common stock. Separately, the Stallings Foundation, a charitable foundation where Mr. Stallings is an officer, is listed with 60,000 depositary shares. Direct holdings are also reported at 84,587 depositary shares and 289,961 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Depositary Shares for Series B Preferred Stock | 2,000 | $20.91 | $42K |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Each Depositary Share represents a 1/40th interest in a share of the issuer's 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $.01 per share.
- F2. The stated price represents the average based on prices ranging from $20.81 to $21.00. Upon request from the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
- F3. SCG Ventures LP is owned by the RWS Investment Trust (49.5%), the LES Investment Trust (49.5%) and Stallings Management LLC (1%), its general partner. Stallings Management LLC is owned by Mr. and Mrs. Stallings (100%).
- F4. The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
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