Third Coast Bancshares (TCBX) director receives 1,318 restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eisenhart Lynn reported acquisition or exercise transactions in this Form 4 filing.
Third Coast Bancshares director Eisenhart Lynn received a grant of 1,318 shares of restricted common stock. The award was made at no cash cost per share and is classified as a grant or award, not an open-market purchase or sale.
These restricted shares vest on the anniversary of the grant date, subject to the terms of the award, meaning Lynn gains full rights to the shares over time as conditions are met. After this grant, Lynn directly holds a total of 2,930 shares of Third Coast Bancshares common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eisenhart Lynn
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,318 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,930 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,318 shares
Holdings after grant: 2,930 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Restricted stock grant
1,318 shares
Grant of restricted common stock on 2026-05-21
Holdings after grant
2,930 shares
Total common stock directly held after transaction
Grant price per share
$0.0000 per share
Reported transaction price for restricted shares
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
restricted common stock, vest, grant date, grant, award, or other acquisition
4 terms
restricted common stock financial
"Represents shares of restricted common stock, which vest on the anniversary of the grant date"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
vest financial
"which vest on the anniversary of the grant date, subject to the terms of the award"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant date financial
"which vest on the anniversary of the grant date, subject to the terms of the award"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
Is there any derivative security activity reported for Eisenhart Lynn in this Third Coast Bancshares (TCBX) Form 4?
No derivative securities are reported for Eisenhart Lynn in this Form 4. The filing shows only a non-derivative transaction involving 1,318 restricted common shares and lists no options, warrants, or other derivative positions in the derivative summary.