Texas Capital director converts 1,670 RSUs
Texas Capital Bancshares director Steve Rosenberg reported an equity award conversion rather than an open-market trade.
Rhea-AI Filing Summary
Texas Capital Bancshares director Steve Rosenberg reported an equity award conversion rather than an open-market trade. On April 22, 2026, he exercised 1,670 2025 Restricted Stock Units into the same number of common shares at a stated price of $0.00 per share.
Following this transaction, Rosenberg directly holds 4,377 common shares. He also has indirect holdings of 2,646 shares through the Rosenberg Family Trust and 35,357 shares owned by EAD Investments, Ltd., an entity owned by Rosenberg, his spouse and SPR Ventures I, Inc. No sales or gifts were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,670 shares exercised/converted
Exercise
4 txns
Insider
ROSENBERG STEVE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Stock Units | 1,670 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,670 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2025 Restricted Stock Units — 0 contracts (Direct);
Common Stock — 4,377 shares (Direct);
Common Stock — 35,357 shares (Indirect, See footnote);
Common Stock — 2,646 shares (Indirect, Rosenberg Family Trust)
Footnotes (2)
- F1. Owned by EAD Investments, Ltd., which is owned by Mr. Rosenberg (49.5%), his spouse (49.5%) and SPR Ventures I, Inc. (1%), its general partner. SPR Ventures I, Inc. is owned by Mr. Rosenberg (50%).
- F2. N/A
Key Figures
RSUs converted: 1,670 units/shares
Exercise price: $0.00 per share
Direct common shares after: 4,377 shares
+3 more
6 metrics
RSUs converted
1,670 units/shares
2025 Restricted Stock Units converted to common stock on April 22, 2026
Exercise price
$0.00 per share
Stated conversion price for 1,670 RSUs into common stock
Direct common shares after
4,377 shares
Direct ownership following RSU conversion
Rosenberg Family Trust holdings
2,646 shares
Indirect common stock ownership via Rosenberg Family Trust
EAD Investments holdings
35,357 shares
Indirect common stock ownership via EAD Investments, Ltd.
Derivative positions remaining
0 units
No remaining RSUs listed after 1,670-unit exercise (derivativeSummary empty)
Key Terms
Restricted Stock Units, derivative security, indirect ownership, Rosenberg Family Trust, +1 more
5 terms
Restricted Stock Units financial
"security_title": "2025 Restricted Stock Units""
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.
indirect ownership financial
"ownership_type": "indirect",
"ownership_code": "I""
Rosenberg Family Trust financial
"nature_of_ownership": "Rosenberg Family Trust""
EAD Investments, Ltd. financial
"Owned by EAD Investments, Ltd., which is owned by Mr. Rosenberg"
FAQ
What did Steve Rosenberg report in the latest TCBI Form 4 filing?
Steve Rosenberg reported converting 1,670 2025 Restricted Stock Units into 1,670 shares of Texas Capital Bancshares common stock. The shares were acquired at a stated price of $0.00 per share, reflecting an equity award vesting rather than an open-market purchase.
What are the details of Steve Rosenberg’s RSU conversion in TCBI stock?
Rosenberg exercised 1,670 2025 Restricted Stock Units into 1,670 Texas Capital Bancshares common shares on April 22, 2026. The filing lists a conversion or exercise price of $0.00 per share, which is typical for the settlement of restricted stock units into stock.
How are Steve Rosenberg’s indirect TCBI holdings structured in the Form 4?
Indirect holdings include 2,646 Texas Capital Bancshares shares held by the Rosenberg Family Trust and 35,357 shares owned by EAD Investments, Ltd. EAD Investments is owned by Rosenberg, his spouse, and SPR Ventures I, Inc., which is itself partly owned by Rosenberg.
AI-generated analysis. How Rhea-AI works. Not financial advice.
