Third Coast Bancshares (TCBX) officer records 75-share tax-withholding stock move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Third Coast Bancshares, Inc. Executive Vice President and Chief Retail Officer Christopher Seay Peacock reported a tax-withholding disposition of 75 shares of common stock of TCBX on February 2, 2026 at $40.59 per share. Following this transaction, he directly beneficially owned 1,552 common shares and indirectly held 1,590 shares through an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Peacock Christopher Seay
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 75 | $40.59 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,552 shares (Direct);
Common Stock — 1,590 shares (Indirect, By ESOP)
Footnotes (1)
FAQ
What insider transaction did TCBX executive Christopher Seay Peacock report?
Christopher Seay Peacock reported a tax-withholding disposition of 75 shares of Third Coast Bancshares common stock. The shares were valued at $40.59 each and were used to cover tax obligations rather than representing an open-market sale.
What does transaction code F mean in the TCBX Form 4 filing?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to satisfy exercise price or tax liability. In this case, 75 TCBX common shares were disposed of at $40.59 per share for this specific purpose.
Does the TCBX Form 4 indicate an open-market sale by the executive?
The Form 4 shows a tax-withholding disposition labeled with code F, not an open-market sale. The 75 shares at $40.59 per share were used to cover tax or exercise costs, a common administrative transaction for equity awards.