STOCK TITAN

Texas Capital Bancshares (NASDAQ: TCBI) legal chief exercises RSUs, withholds 503 shares for taxes

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

Rhea-AI Filing Summary

Texas Capital Bancshares Chief Legal Officer Anna M. Alvarado reported equity award activity involving restricted stock units and common shares. On February 13, 2026, she exercised 1,276 2024 restricted stock units at $0 per share, receiving the same number of common shares.

To cover taxes, 503 common shares were disposed of at $103.42 per share through a tax-withholding transaction, leaving 27,310 common shares held directly. Following the exercise, 1,277 restricted stock units remained outstanding, which vest in three equal annual installments beginning February 16, 2025.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Alvarado Anna M

(Last) (First) (Middle)
2000 MCKINNEY AVENUE
SUITE 700

(Street)
DALLAS TX 75201

(City) (State) (Zip)
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/13/2026 M 1,276 A $0 27,813 D
Common Stock 02/13/2026 F 503 D $103.42 27,310 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
2024 Restricted Stock Units $0 02/13/2026 M 1,276 02/16/2025 (1) Common Stock 1,276(2) $0 1,277 D
Explanation of Responses:
1. N/A
2. The restricted stock units vest in three equal annual installments beginning February 16, 2025.
Remarks:
Mary Helen Hall, attorney-in-fact 02/17/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did TCBIs Chief Legal Officer report on this Form 4?

The Chief Legal Officer reported exercising 1,276 restricted stock units into common stock and a related tax-withholding share disposition. These transactions reflect routine equity award activity rather than an open-market purchase or sale, and they adjust her directly held ownership in Texas Capital Bancshares.

How many TCBI common shares does Anna M. Alvarado hold after the reported transactions?

After the transactions, Anna M. Alvarado directly holds 27,310 Texas Capital Bancshares common shares. This figure reflects the exercise of 1,276 restricted stock units and the disposition of 503 shares to satisfy tax obligations, as disclosed in the non-derivative securities table.

What was the purpose of the 503 TCBI shares disposed of at $103.42 on February 13, 2026?

The 503 TCBI shares disposed of at $103.42 were used to satisfy tax liabilities related to the equity award exercise. The filing classifies this as a tax-withholding disposition, not an open-market sale, tied to the conversion of restricted stock units into common shares.

What are the key details of the 2024 restricted stock units reported by TCBIs legal chief?

The 2024 restricted stock units have a $0 exercise price and convert into TCBI common stock. On February 13, 2026, 1,276 units were exercised, with 1,277 units remaining afterward. These units vest in three equal annual installments beginning February 16, 2025, per the disclosure.

How do the vesting terms work for TCBIs 2024 restricted stock units granted to the Chief Legal Officer?

The 2024 restricted stock units vest in three equal annual installments starting February 16, 2025. This means one-third of the award becomes deliverable each year over three years, aligning the Chief Legal Officers equity compensation with a multi-year service and performance horizon.

Did the TCBI Form 4 report direct or indirect ownership for these insider holdings?

The Form 4 reports all listed holdings as directly owned by the insider. Both the common stock amounts and the remaining 2024 restricted stock units are coded as direct ownership, with no nature-of-ownership footnotes indicating control by separate entities such as trusts or partnerships.
Texas Capital

NASDAQ:TCBI

TCBI Rankings

TCBI Latest News

TCBI Latest SEC Filings

TCBI Stock Data

4.61B
43.20M
Banks - Regional
State Commercial Banks
Link
United States
DALLAS