Third Coast director granted 3,600 stock options
Third Coast Bancshares director receives stock option grant.
Rhea-AI Filing Summary
Third Coast Bancshares director receives stock option grant. Director Jeffrey A. Wilkinson was granted options to acquire 3,600 shares of Third Coast Bancshares common stock at an exercise price of $37.91 per share. The options become exercisable on 2027-03-16 and expire on 2036-03-16, reflecting equity-based compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insights
Routine stock option grant to a director, not a market trade.
Director Jeffrey A. Wilkinson received a grant of stock options covering 3,600 shares of Third Coast Bancshares, Inc. common stock. The exercise price is $37.91 per share, with the options exercisable starting on 2027-03-16 and expiring on 2036-03-16.
This is categorized as a grant or award acquisition, a standard form of non-cash director compensation. There are no accompanying sales or derivative exercises in this filing, and the transaction does not change cash holdings. Subsequent filings may provide additional context on total equity awarded over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 3,600 | $0.00 | $0.00 |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the exercise price and term of Jeffrey Wilkinson’s TCBX stock options?
Is the stock option transaction for TCBX director Jeffrey Wilkinson considered an acquisition or a sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.