Director at Third Coast (NASDAQ: TCBX) gets 1,318-share stock award
Rhea-AI Filing Summary
Stich Mary reported acquisition or exercise transactions in this Form 4 filing.
Third Coast Bancshares, Inc. director Mary Stich received a grant of 1,318 shares of restricted common stock on May 21, 2026. The award was issued at no purchase price and will vest on the anniversary of the grant date, increasing her direct holdings to 4,237 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,318 shares
Net Buy
1 txn
Insider
Stich Mary
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,318 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 4,237 shares (Direct)
Footnotes (1)
- F1. Represents shares of restricted common stock, which vest on the anniversary of the grant date, subject to the terms of the award.
Key Figures
Restricted shares granted: 1,318 shares
Grant price per share: $0.0000 per share
Shares owned after grant: 4,237 shares
3 metrics
Restricted shares granted
1,318 shares
Grant of restricted common stock on May 21, 2026
Grant price per share
$0.0000 per share
Recorded price for restricted stock award
Shares owned after grant
4,237 shares
Total direct common stock holdings after transaction
Key Terms
restricted common stock, vest, grant, award, or other acquisition
3 terms
restricted common stock financial
"Represents shares of restricted common stock, which vest on the anniversary"
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
"restricted common stock, which vest on the anniversary of the grant date"
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, award, or other acquisition financial
"Transaction code A is described as Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.