STOCK TITAN

Texas Community Bancshares (TCBS) SVP sells 1,765 shares, retains options

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

Rhea-AI Filing Summary

Texas Community Bancshares, Inc. senior executive Haskell Strange reported an open-market sale of company stock. As SVP and COO, he sold 1,765 shares of common stock at an average price of $17.2511 per share in a direct transaction.

After the sale, Strange directly holds 4,819 common shares, some of which are restricted stock that vest 20% per year starting on February 28, 2024. He also has indirect holdings of 6,066 shares through a 401(k) plan and 4,527 shares through an ESOP.

In addition, Strange holds stock options covering 24,433 shares of common stock with an exercise price of $15.67 per share, expiring on February 28, 2033. These options vest 20% per year beginning on February 28, 2024, indicating a continuing equity-based compensation position alongside this sale.

Positive

  • None.

Negative

  • None.

Insights

SVP’s modest stock sale appears routine alongside sizable remaining equity holdings.

The filing shows SVP and COO Haskell Strange executed an open-market sale of 1,765 Texas Community Bancshares common shares at $17.2511. This is a straightforward disposition coded as a sale, with no linked option exercise or tax-withholding components.

Post-transaction, Strange still holds 4,819 shares directly, plus indirect ownership via a 401(k) and ESOP, and stock options on 24,433 underlying shares at a $15.67 exercise price expiring in 2033. The options and restricted shares vest 20% annually starting in 2024, indicating ongoing long-term incentive alignment.

The transaction summary shows a single net sale and no exercises or gifts. Without data on his total prior stake or company share count, this looks like a routine liquidity event rather than a thesis-changing move. Future company filings may further clarify how his overall equity position evolves over time.

Insider Strange Haskell
Role SVP and COO
Sold 1,765 shs ($30K)
Type Security Shares Price Value
Sale Common Stock 1,765 $17.2511 $30K
holding Stock Options -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 4,819 shares (Direct, null); Stock Options — 24,433 shares (Direct, null); Common Stock — 4,527 shares (Indirect, By ESOP)
Footnotes (1)
  1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 28, 2024. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended. Stock options vest at a rate of 20% per year commencing on February 28, 2024.
Shares sold 1,765 shares Open-market sale of common stock
Sale price $17.2511 per share Average price for 1,765-share sale
Direct common shares after sale 4,819 shares Direct ownership following transaction
Indirect 401(k) shares 6,066 shares Indirect ownership via 401(k) plan
Indirect ESOP shares 4,527 shares Indirect ownership via ESOP
Stock options underlying shares 24,433 shares Underlying common shares for options
Option exercise price $15.67 per share Stock options exercise price
Option expiration date February 28, 2033 Stock options expiration
restricted stock financial
"Includes shares of restricted stock which vest at a rate of 20% per year"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Section 16 regulatory
"Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ESOP financial
"nature_of_ownership: By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
Stock Options financial
"Stock options vest at a rate of 20% per year commencing on February 28, 2024."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
401(k) financial
"nature_of_ownership: By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Strange Haskell

(Last)(First)(Middle)
215 WEST BROAD STREET

(Street)
MINEOLA TEXAS 75773

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Texas Community Bancshares, Inc. [ TCBS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP and COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026S1,765D$17.25114,819(1)D
Common Stock4,527(2)IBy ESOP
Common Stock6,066IBy 401(k)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$15.6702/28/202402/28/2033Common Stock24,433(3)24,433(3)D
Explanation of Responses:
1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 28, 2024.
2. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
3. Stock options vest at a rate of 20% per year commencing on February 28, 2024.
/s/ Victor L. Cangelosi, pursuant to power of attorney06/11/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Texas Community Bancshares (TCBS) SVP Haskell Strange do in this Form 4?

SVP and COO Haskell Strange reported selling 1,765 shares of Texas Community Bancshares common stock in an open-market transaction at about $17.2511 per share, according to the Form 4. The filing also details his remaining direct, indirect, and option-based holdings.

How many Texas Community Bancshares (TCBS) shares does Haskell Strange hold after the sale?

After the reported sale, Haskell Strange directly holds 4,819 shares of Texas Community Bancshares common stock. He also has indirect holdings through a 401(k) plan and an ESOP, plus stock options that can convert into additional common shares if exercised in the future.

What price and size was the Texas Community Bancshares (TCBS) insider stock sale?

The Form 4 shows an open-market sale of 1,765 Texas Community Bancshares common shares at an average price of about $17.2511 per share. This transaction is categorized as a non-derivative sale, distinct from any option exercises or compensation grants.

What stock options does Haskell Strange hold in Texas Community Bancshares (TCBS)?

Haskell Strange holds stock options on 24,433 underlying Texas Community Bancshares common shares with an exercise price of $15.67 per share. These options vest 20% each year starting February 28, 2024, and expire on February 28, 2033, according to the filing.