STOCK TITAN

Texas Capital (NASDAQ: TCBI) director converts 1,670 RSUs into common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Texas Capital Bancshares director Paola M. Arbour exercised restricted stock units into common shares of TCBI. On April 22, 2026, 1,670 "2025 Restricted Stock Units" were converted into 1,670 shares of common stock. Following this derivative exercise, Arbour directly holds 8,341 shares of Texas Capital Bancshares common stock.

Positive

  • None.

Negative

  • None.
Insider Arbour Paola M
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 — 8,341 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs exercised 1,670 units 2025 Restricted Stock Units converted on April 22, 2026
Common shares received 1,670 shares Common Stock acquired via derivative exercise on April 22, 2026
Shares held after transaction 8,341 shares Direct ownership of Texas Capital Bancshares common stock following Form 4 transaction
Exercise price per unit $0.0000 per unit Stated conversion price for 2025 Restricted Stock Units
Derivative exercises reported 1 transaction transactionSummary shows exerciseCount of 1 for 1,670 shares
Restricted Stock Units financial
""2025 Restricted Stock Units" reported as derivative security title"
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.
Common Stock financial
"security_title is listed as "Common Stock" for the acquired shares"
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.
derivative security financial
"transaction_code_description states "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.
transaction code regulatory
"the filing uses transaction code "M" for both entries"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) summarizes the reported transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Arbour Paola M

(Last)(First)(Middle)
2000 MCKINNEY AVE, STE 700

(Street)
DALLAS TEXAS 75201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TEXAS CAPITAL BANCSHARES INC/TX [ TCBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/22/2026M1,670A$08,341D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
2025 Restricted Stock Units$004/22/2026M1,67004/22/2026 (1)Common Stock1,670$00D
Explanation of Responses:
1. N/A
Remarks:
Mary Helen Hall, attorney-in-fact04/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Paola M. Arbour report at Texas Capital Bancshares (TCBI)?

Paola M. Arbour reported exercising 1,670 "2025 Restricted Stock Units" into 1,670 shares of Texas Capital Bancshares common stock. The Form 4 classifies this as an exercise or conversion of a derivative security rather than an open-market stock purchase or sale.

How many Texas Capital Bancshares (TCBI) shares does Paola M. Arbour hold after this Form 4 transaction?

After the reported transaction, Paola M. Arbour directly holds 8,341 shares of Texas Capital Bancshares common stock. This figure comes from the Form 4 field "shares owned following transaction" for the non-derivative common stock position reported on April 22, 2026.

Was Paola M. Arbour’s Texas Capital Bancshares (TCBI) Form 4 a stock purchase or sale?

The Form 4 shows no open-market purchase or sale. Instead, it records a derivative exercise coded "M," where 1,670 restricted stock units were converted into 1,670 common shares at a stated price of $0.0000 per unit, a standard RSU settlement entry.

What securities are involved in Paola M. Arbour’s Texas Capital Bancshares (TCBI) Form 4?

The filing involves two related securities: non-derivative common stock of Texas Capital Bancshares and derivative "2025 Restricted Stock Units." The RSUs for 1,670 units were exercised or converted into 1,670 shares of common stock on April 22, 2026, per the Form 4.

How is the transaction coded in Paola M. Arbour’s Texas Capital Bancshares (TCBI) Form 4?

The Form 4 uses transaction code "M" for both entries, described as "Exercise or conversion of derivative security." This indicates the activity is a derivative exercise, converting 1,670 restricted stock units into the same number of common shares, rather than a direct market trade.