Director at Third Coast Bancshares (TCBX) granted options for 3,600 shares

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.

Insights

Equity Compensation Analyst

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.

SEC Form 4

FORM 4

UNITED 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^*

Wilkinson Jeffrey A

(Last) (First) (Middle)

20202 HIGHWAY 59 NORTH, SUITE 190

(Street)

HUMBLE TX 77338

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Third Coast Bancshares, Inc. [ TCBX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$37.91	03/16/2026		A		3,600		03/16/2027	03/16/2036	Common Stock	3,600	$0	3,600	D

Explanation of Responses:

	/s/ R. John McWhorter, attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
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.

FAQ

What did Third Coast Bancshares (TCBX) director Jeffrey Wilkinson report in this Form 4?

Jeffrey Wilkinson reported receiving a stock option grant for 3,600 shares of Third Coast Bancshares common stock. The options are a compensation award, not an open-market purchase or sale, and give him the right to buy shares at a fixed exercise price of $37.91.

How many shares are covered by the new stock options for TCBX director Jeffrey Wilkinson?

The stock option grant covers 3,600 shares of Third Coast Bancshares common stock. These options allow the director to acquire shares at a preset exercise price in the future, aligning his incentives with shareholders through potential equity ownership rather than immediate cash compensation.

What is the exercise price and term of Jeffrey Wilkinson’s TCBX stock options?

The options have an exercise price of $37.91 per share and expire on March 16, 2036. They become exercisable on March 16, 2027, giving the director a long-dated right to buy Third Coast Bancshares shares at this fixed price if performance merits exercise.

Does the TCBX Form 4 show Jeffrey Wilkinson buying or selling shares on the market?

The filing does not show any open-market buying or selling. Instead, it records a grant of stock options as compensation, classified as a grant or award acquisition. This increases his potential future share ownership without an immediate cash transaction in the market.

Is the stock option transaction for TCBX director Jeffrey Wilkinson considered an acquisition or a sale?

The transaction is classified as an acquisition through a grant or award of derivative securities. Wilkinson received options to acquire 3,600 shares, coded as a grant rather than a purchase or sale, indicating compensation-based equity rather than an investor-style market trade.