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 (1)
- 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. 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. 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%). The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.