Director Charles Hyle of Texas Capital (TCBI) exercises RSUs for 1,670 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Charles S. Hyle of Texas Capital Bancshares, Inc. exercised 2025 restricted stock units into common stock. On April 21, 2026, 1,670 RSUs converted into 1,670 shares of common stock, bringing his directly held common shares to 16,020. The transactions are coded as derivative exercises (code M) with no open‑market buying or selling indicated, reflecting routine equity compensation rather than a discretionary stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,670 shares exercised/converted
Mixed
2 txns
Insider
Hyle Charles S
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 — 16,020 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 1,670 shares
Common shares after transaction: 16,020 shares
Exercise price: $0.0000 per share
+1 more
4 metrics
RSUs exercised
1,670 shares
2025 Restricted Stock Units converted to common stock on April 21, 2026
Common shares after transaction
16,020 shares
Direct holdings of Charles S. Hyle following Form 4 transactions
Exercise price
$0.0000 per share
Conversion price for 2025 Restricted Stock Units into common stock
Derivative exercises
1 transaction, 1,670 shares
transactionSummary exerciseCount and exerciseShares for code M
Key Terms
Restricted Stock Units, derivative security, Common Stock
3 terms
Restricted Stock Units financial
"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
"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.
Common Stock financial
"security_title: Common Stock"
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.
FAQ
What insider transaction did TCBI director Charles S. Hyle report?
Charles S. Hyle reported exercising 2025 restricted stock units into common stock. On April 21, 2026, 1,670 RSUs converted into 1,670 common shares, reflecting routine equity compensation rather than an open‑market trade, according to the Form 4 transaction coding.
Did the TCBI Form 4 show any open‑market buying or selling by Charles S. Hyle?
The Form 4 does not show any open‑market buying or selling. Both transactions use code M, described as “Exercise or conversion of derivative security,” and the normalized fields mark transaction_is_buy and transaction_is_sell as false, indicating non‑market derivative exercises only.
What derivative securities did Charles S. Hyle exercise in the TCBI filing?
He exercised 1,670 “2025 Restricted Stock Units” into 1,670 shares of common stock. The derivative entry shows a conversion or exercise price of $0.0000 and total derivative shares following the transaction of zero, indicating the RSU position was fully converted in this event.
How many derivative exercises were reported in this TCBI Form 4?
The transaction summary shows one derivative exercise involving 1,670 shares. There are two line items: one for the 2025 restricted stock units as a derivative and one for the resulting common stock, but exerciseCount is 1 and exerciseShares total 1,670 in the normalized data.