Third Coast Bancshares (TCBX) director exercises 2,000 stock options

Rhea-AI Filing Summary

Third Coast Bancshares director Carolyn Bailey exercised 2,000 stock options for Third Coast Bancshares, Inc. common stock at $16.43 per share on February 9, 2026. To pay the exercise price on these options, 760 shares of common stock were withheld by the issuer at $43.29 per share.

After these transactions, Bailey beneficially owned 9,716 shares of common stock directly and 4,000 stock options, and indirectly held 1,600 additional common shares through an IRA for her benefit.

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

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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^*

Bailey Carolyn

(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)
02/09/2026

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
Common Stock	02/09/2026		M		2,000	A	$16.43	10,476	D
Common Stock	02/09/2026		F(1)		760	D	$43.29	9,716	D
Common Stock								1,600	I	By IRA FBO Carolyn Bailey

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)	$16.43	02/09/2026		M			2,000	01/01/2023	01/01/2031	Common Stock	6,000	$0	4,000	D

Explanation of Responses:

1. Represents 760 shares withheld by the Issuer to pay the exercise price on an aggregate of 2,000 stock options that were set to expire on January 1, 2031.

	/s/ R. John McWhorter, attorney-in-fact	02/11/2026
	** 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 Carolyn Bailey report in this Third Coast Bancshares (TCBX) Form 4?

Carolyn Bailey reported exercising 2,000 stock options for Third Coast Bancshares common stock at $16.43 per share. The issuer withheld 760 shares at $43.29 per share to pay the exercise price, updating her direct and indirect ownership positions.

How many Third Coast Bancshares (TCBX) options did Carolyn Bailey exercise?

She exercised 2,000 stock options for Third Coast Bancshares common stock at an exercise price of $16.43 per share. These options were part of a grant originally exercisable from January 1, 2023 and scheduled to expire on January 1, 2031 before this exercise.

Why were 760 Third Coast Bancshares (TCBX) shares withheld from Carolyn Bailey?

The issuer withheld 760 shares of Third Coast Bancshares common stock, valued at $43.29 per share, to pay the exercise price on the 2,000 stock options. This is reported under transaction code F, reflecting payment via delivery of securities.

What is Carolyn Bailey’s direct share ownership in Third Coast Bancshares (TCBX) after the transactions?

Following the reported transactions, Carolyn Bailey directly beneficially owned 9,716 shares of Third Coast Bancshares common stock. She also directly held 4,000 stock options and indirectly held an additional 1,600 shares through an IRA established for her benefit.

How many Third Coast Bancshares (TCBX) shares does Carolyn Bailey hold indirectly?

She indirectly holds 1,600 shares of Third Coast Bancshares common stock through an IRA for the benefit of Carolyn Bailey. This indirect position is reported separately from her 9,716 directly held shares and 4,000 stock options reported as directly owned.

What derivative holdings does Carolyn Bailey report for Third Coast Bancshares (TCBX)?

After exercising 2,000 stock options, Carolyn Bailey reported 4,000 remaining stock options for Third Coast Bancshares common stock. These options have an exercise price of $16.43 per share and carry an original expiration date of January 1, 2031.