Texas Capital (NASDAQ: TCBI) CEO-linked entity sells 98,600 shares in open market
Rhea-AI Filing Summary
Texas Capital Bancshares insider activity shows entity CRH1990, Ltd., associated with Chairman, President and CEO Rob Holmes, executed open-market sales of Common Stock. CRH1990, Ltd. sold 49,100 shares at an average price of $101.88 and 49,500 shares at an average price of $101.22, totaling 98,600 shares. Following these transactions, CRH1990, Ltd. held 167,635 shares of Texas Capital Bancshares Common Stock indirectly attributed to Holmes.
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Insights
CEO‑associated entity sells 98,600 Texas Capital Bancshares shares but retains a sizable position.
CRH1990, Ltd., an entity owned by Rob Holmes and his spouse, reported two open‑market sales of Texas Capital Bancshares Common Stock. It sold 49,100 shares at an average of $101.88 and 49,500 shares at $101.22, for a total of 98,600 shares.
These are straightforward open‑market sales, not option exercises or tax withholdings, so they reflect discretionary selling. After the transactions, CRH1990, Ltd. still holds 167,635 shares attributed indirectly to Holmes, indicating an ongoing, meaningful equity stake.
No Rule 10b5‑1 trading plan or special circumstances are described in the excerpt. The sales therefore look like routine portfolio management by an insider‑associated entity, with the remaining position continuing to tie Holmes’ economic interests to Texas Capital Bancshares’ performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 49,500 | $101.22 | $5.01M |
| Sale | Common Stock | 49,100 | $101.88 | $5.00M |
Footnotes (1)
- The stated price represents the average based on prices ranging from $101.00 to $102.74. 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. Owned by CRH1990, Ltd., which is owned by Mr. Holmes (49.95%), his spouse (49.95%) and Bryn Mawr Management, LLC (0.01%), its general partner. Bryn Mawr Management, LLC is owned by Mr. Holmes (50%) and his spouse (50%). The stated price represents the average based on prices ranging from $100.61 to $102.55. 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.