Director Greg Bonnen (TCBX) granted restricted stock and reports large indirect stake
Rhea-AI Filing Summary
Bonnen Greg reported acquisition or exercise transactions in this Form 4 filing.
Third Coast Bancshares, Inc. director Greg Bonnen reported a compensation-related stock award and updated holdings. He received 1,318 shares of restricted common stock as a grant, which will vest on the anniversary of the grant date, subject to the award’s terms. After this award, he holds 6,189 shares of common stock directly. Separately, an indirect ownership entry shows 144,150 shares of common stock held through Bonnen Investments LP, reflecting a larger associated stake reported as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,318 shares
Net Buy
2 txns
Insider
Bonnen Greg
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,318 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,189 shares (Direct);
Common Stock — 144,150 shares (Indirect, By Bonnen Investments LP)
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
Direct holdings after grant: 6,189 shares
Indirect holdings via Bonnen Investments LP: 144,150 shares
+1 more
4 metrics
Restricted shares granted
1,318 shares
Grant of restricted common stock to director Greg Bonnen
Direct holdings after grant
6,189 shares
Common stock directly owned by Greg Bonnen after award
Indirect holdings via Bonnen Investments LP
144,150 shares
Common stock reported as indirectly owned
Reported grant price
$0.0000 per share
Transaction price per share for restricted stock grant
Key Terms
restricted common stock, grant, award, or other acquisition, indirect ownership, Bonnen Investments LP
4 terms
restricted common stock financial
"Represents shares of restricted common stock, which vest on the anniversary of the grant date"
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By Bonnen Investments LP"
Bonnen Investments LP financial
"nature_of_ownership: By Bonnen Investments LP"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TCBX director Greg Bonnen report in his latest Form 4?
Greg Bonnen reported receiving 1,318 shares of restricted common stock as a grant. The filing also updates his total direct holdings to 6,189 shares and shows 144,150 shares held indirectly through Bonnen Investments LP.