Texas Community Bancshares (TCBS) director buys 20,000 shares in open market
Rhea-AI Filing Summary
Texas Community Bancshares, Inc. director Anthony Scavuzzo reported an open-market purchase of Common Stock. On June 10, 2026, he bought 20,000 shares at $17.25 per share, bringing his directly held Common Stock position to 106,065 shares.
He also holds stock options on 8,144 shares of Common Stock with a $16.00 exercise price expiring on August 31, 2032. Footnotes state that both restricted stock and these options vest at a rate of 20% per year commencing on August 31, 2023.
Positive
- None.
Negative
- None.
Insights
Director makes a sizable open-market share purchase while retaining vested and unvested equity awards.
Director Anthony Scavuzzo executed an open-market purchase of 20,000 Common Stock shares at $17.25 per share on June 10, 2026, increasing his directly held stake to 106,065 shares. Open-market purchases are discretionary and often reflect confidence in the issuer’s valuation.
In addition, he continues to hold stock options over 8,144 underlying shares at an exercise price of $16.00, expiring on August 31, 2032. Footnotes clarify that both restricted stock and these options vest 20% per year starting August 31, 2023, indicating ongoing long-term incentive alignment through gradual vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $17.25 | $345K |
| holding | Stock Options | -- | -- | -- |
Footnotes (2)
- F1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on August 31, 2023.
- F2. Stock options vest at a rate of 20% per year commencing on August 31, 2023.
Key Figures
Key Terms
open-market purchase financial
Stock Options financial
restricted stock financial
vest at a rate of 20% per year financial
underlying security financial
AI-generated analysis. How Rhea-AI works. Not financial advice.