TCBI legal chief exercises 1,276 RSUs, withholds shares
Texas Capital Bancshares Chief Legal Officer Anna M. Alvarado reported equity award activity involving restricted stock units and common shares.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2024 Restricted Stock Units | 1,276 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,276 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 503 | $103.42 | $52K |
Footnotes (2)
- F1. N/A
- F2. The restricted stock units vest in three equal annual installments beginning February 16, 2025.
FAQ
What insider transaction did TCBIs Chief Legal Officer report on this Form 4?
What are the key details of the 2024 restricted stock units reported by TCBIs legal chief?
How do the vesting terms work for TCBIs 2024 restricted stock units granted to the Chief Legal Officer?
Did the TCBI Form 4 report direct or indirect ownership for these insider holdings?
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