STOCK TITAN

Director at Third Coast Bancshares (TCBX) receives 3,600 stock options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Third Coast Bancshares, Inc. director Troy Andrew Glander received a grant of stock options covering 3,600 shares of common stock. The options have an exercise price of $37.9100 per share, become exercisable on March 16, 2027, and expire on March 16, 2036. This is a compensation-related award rather than an open-market trade.

Positive

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Negative

  • None.
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*
Glander Troy Andrew

(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 insider transaction did Third Coast Bancshares (TCBX) report on this Form 4?

Third Coast Bancshares reported a director compensation grant. Troy Andrew Glander received stock options for 3,600 shares of common stock, recorded as an acquisition under code A, reflecting a grant or award rather than an open-market purchase or sale.

How many stock options did Troy Andrew Glander receive from Third Coast Bancshares (TCBX)?

Troy Andrew Glander received options on 3,600 shares of Third Coast Bancshares common stock. These options give him the right to buy 3,600 shares at a fixed exercise price, providing potential future equity exposure tied to the company’s stock performance.

What is the exercise price of the new Third Coast Bancshares (TCBX) stock options?

The granted stock options have an exercise price of $37.9100 per share. This means the director can buy common stock at that price once the options become exercisable, regardless of the market price at the time of exercise.

When do Troy Andrew Glander’s Third Coast Bancshares (TCBX) options vest and expire?

The options become exercisable on March 16, 2027 and expire on March 16, 2036. After vesting, the director has nearly nine years to decide whether to exercise the options at the fixed exercise price.

Is the Form 4 transaction for Third Coast Bancshares (TCBX) a stock sale or purchase?

The Form 4 reflects a grant of derivative securities, not an open-market sale or purchase. It is coded A for grant, award, or other acquisition, indicating a compensation-related award of stock options rather than a discretionary market trade.
Third Coast Bancshares, Inc.

NYSE:TCBX

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Banks - Regional
Savings Institutions, Not Federally Chartered
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United States
HUMBLE