STOCK TITAN

Third Coast Bancshares (TCBX) director receives 1,318 restricted stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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""
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*
Eisenhart Lynn

(Last)(First)(Middle)
20202 HIGHWAY 59 NORTH, SUITE 190

(Street)
HUMBLE TEXAS 77338

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Third Coast Bancshares, Inc. [ TCBX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
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 Stock05/21/2026A1,318(1)A$02,930D
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
Explanation of Responses:
1. Represents shares of restricted common stock, which vest on the anniversary of the grant date, subject to the terms of the award.
/s/ R. John McWhorter, attorney-in-fact05/26/2026
** 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 insider transaction did Third Coast Bancshares (TCBX) report for Eisenhart Lynn?

Third Coast Bancshares reported that director Eisenhart Lynn received 1,318 shares of restricted common stock as an award. The shares were granted at no cash cost and increase Lynn’s direct holdings to 2,930 shares following the transaction.

Were Eisenhart Lynn’s new Third Coast Bancshares (TCBX) shares bought on the open market?

No, the 1,318 shares were granted as restricted common stock, not bought on the open market. The Form 4 classifies the transaction as a grant or award acquisition, reflecting equity-based compensation rather than a discretionary purchase or sale.

When do Eisenhart Lynn’s restricted Third Coast Bancshares (TCBX) shares vest?

The restricted common stock granted to Eisenhart Lynn vests on the anniversary of the grant date. Vesting is subject to the terms of the award, meaning Lynn gains full ownership rights over time if the specified conditions are satisfied.

How many Third Coast Bancshares (TCBX) shares does Eisenhart Lynn hold after this Form 4 transaction?

Following the award of 1,318 restricted shares, Eisenhart Lynn directly holds 2,930 shares of Third Coast Bancshares common stock. This total reflects Lynn’s position immediately after the reported grant of restricted stock under the company’s compensation arrangements.

What does the transaction code "A" mean in the Third Coast Bancshares (TCBX) Form 4?

In this Form 4, transaction code “A” indicates a grant, award, or other acquisition of shares. For Eisenhart Lynn, it represents the receipt of 1,318 restricted common shares as compensation, rather than a purchase or sale in the market.

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.