SCG Ventures tied to Texas Capital (TCBI) adds Series B preferred stake
Rhea-AI Filing Summary
Texas Capital Bancshares director-related entity increases preferred stake
SCG Ventures LP, an entity associated with director Robert W. Stallings, bought 8,500 Depositary Shares for Series B Preferred Stock at $21.35 on February 4, 2026 and 8,385 Depositary Shares at $21.36 on February 5, 2026. Each Depositary Share represents a 1/40th interest in the company’s 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B.
After these transactions, SCG Ventures LP beneficially owned 305,913 Depositary Shares for Series B Preferred Stock and 90,039 shares of common stock. Additional holdings disclosed include 60,000 Depositary Shares for Series B Preferred Stock held by The Stallings Foundation and 84,587 Depositary Shares plus 289,961 shares of common stock held directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Depositary Shares for Series B Preferred Stock | 8,385 | $21.36 | $179K |
| Purchase | Depositary Shares for Series B Preferred Stock | 8,500 | $21.35 | $181K |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Depositary Shares for Series B Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. The stated price represents the average based on prices ranging from $21.33 to $21.44. 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.
- F3. 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%).
- F4. The stated price represents the average based on prices ranging from $21.29 to $21.42. 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.
- F5. The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
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