Texas Capital director reports 5,000 Series B DS purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Texas Capital Bancshares (TCBI) director reported an open‑market purchase of 5,000 Depositary Shares for Series B Preferred Stock on 10/28/2025 at an average price of $20.83 (prices ranged from $20.78 to $20.88).
Each Depositary Share represents a 1/40th interest in the issuer’s 5.75% Fixed Rate Non‑Cumulative Perpetual Preferred Stock, Series B. Following the transaction, the filing shows indirect beneficial ownership of 275,913 Depositary Shares via SCG Ventures LP, alongside other reported holdings of common stock and Depositary Shares across direct and indirect accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($104,150)
Net Buy
5 txns
Insider
STALLINGS ROBERT W
Role
Director
Bought
5,000 shs ($104K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Depositary Shares for Series B Preferred Stock | 5,000 | $20.83 | $104K |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Depositary Shares for Series B Preferred Stock — 275,913 shares (Indirect, SCG Ventures LP);
Common Stock — 90,039 shares (Indirect, SCG Ventures LP);
Depositary Shares for Series B Preferred Stock — 84,587 shares (Direct);
Common Stock — 289,961 shares (Direct)
Footnotes (1)
- Each Depositary Share represents a 1/40th interest in a share of the issuer's 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $.01 per share. The stated price represents the average based on prices ranging from $20.78 to $20.88. Upon request from the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided. SCG Ventures LP is owned by the RWS Investment Trust (49.5%), the LES Investment Trust (49.5%) and Stallings Management LLC (1%), its general partner. Stallings Management LLC is owned by Mr. and Mrs. Stallings (100%). The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
FAQ
What did TCBI’s director purchase and when?
On 10/28/2025, the director purchased 5,000 Depositary Shares for Series B Preferred Stock.
What other holdings were reported in the filing?
Reported holdings include common stock and additional Depositary Shares across direct and indirect ownership.
What is the reporting person’s relationship to TCBI?
The reporting person is listed as a Director.