[8-K] Third Coast Bancshares, Inc. Reports Material Event

Rhea-AI Filing Summary

Third Coast Bancshares, Inc. reported that Vicki Alexander, Executive Vice President and Chief Risk and Operations Officer, will retire and resign as Principal Operating Officer of Third Coast Bank effective December 31, 2025.

In connection with her retirement, she and the bank entered into a Separation Agreement and Release dated December 1, 2025. She is eligible to receive $211,562.96 in cash, described as approximately six months of base salary, plus an additional payment equal to six months of the cost of continuation health coverage under COBRA.

The company has begun searching for a new Chief Operations Officer and Chief Risk Officer. Until successors are in place, her responsibilities will be divided among the bank’s management team.

Insights

Banking governance and risk expert

Key risk and operations executive announces planned year-end retirement.

The retirement of Vicki Alexander, Executive Vice President and Chief Risk and Operations Officer, removes a senior leader overseeing both operations and risk at Third Coast Bank. Her role as Principal Operating Officer suggests deep involvement in day-to-day banking and control functions.

The separation package includes $211,562.96 in cash, framed as about six months of base salary, plus a payment equal to six months of COBRA continuation cost, indicating a structured and negotiated transition. The existence of a formal Separation Agreement and Release with restrictive covenants suggests the company is managing legal and competitive considerations.

The company has initiated a search for both a new Chief Operations Officer and Chief Risk Officer, while temporarily reallocating duties across the management team. The actual impact on operations and risk oversight will depend on how quickly qualified successors are identified and how smoothly responsibilities are handed off.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 1, 2025

THIRD COAST BANCSHARES, INC.

(Exact name of Registrant as Specified in Its Charter)

Texas			001-41028	46-2135597
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
20202 Highway 59 North Suite 190
Humble, Texas				77338
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 281 446-7000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $1.00 per share		TCBX		New York Stock Exchange NYSE Texas

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On December 1, 2025, Vicki Alexander, Executive Vice President and Chief Risk and Operations Officer, announced her retirement and resignation as Principal Operating Officer of Third Coast Bank (the “Bank”), a wholly-owned subsidiary of Third Coast Bancshares, Inc. (the “Company”), to be effective December 31, 2025. In connection with Ms. Alexander’s retirement, the Bank and Ms. Alexander entered into a Separation Agreement and Release, dated December 1, 2025, containing a general release of claims (the “Separation Agreement”). Ms. Alexander will be eligible to receive the following, subject to continued compliance with the applicable restrictive covenants and the terms of the Separation Agreement: (i) $211,562.96 in cash, representing approximately six-months base salary and (ii) an amount equal to six months of the cost of continuation coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985.

The Company has initiated the process to identify a new Chief Operations Officer and Chief Risk Officer. Until such time as Ms. Alexander’s successors are employed, the duties of the Chief Operations Officer and Chief Risk Officer will be allocated among the Bank’s management team.

The foregoing summary of the Separation Agreement does not purport to be complete and is qualified in its entirety by reference to the complete agreement, which is attached as Exhibit 10.1 hereto and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description of Exhibit
10.1		Separation Agreement and Release, dated December 1, 2025, between Third Coast Bank and Vicki Alexander
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			THIRD COAST BANCSHARES, INC.
Date:	December 5, 2025	By:	/s/ R. John McWhorter
			R. John McWhorter Chief Financial Officer