STOCK TITAN

Third Coast Bancshares (NASDAQ: TCBX) director granted 1,318 restricted stock shares

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

Rhea-AI Filing Summary

Third Coast Bancshares, Inc. director Carolyn Bailey reported an equity compensation grant in the form of restricted common stock. She received 1,318 shares of common stock at a price of $0.00 per share, characterized as a grant, award, or other acquisition. According to the footnote, these are restricted shares that vest on the anniversary of the grant date, subject to the terms of the award. Following this grant, Bailey directly holds 11,034 shares of common stock and indirectly holds 1,600 shares through an IRA for her benefit.

Positive

  • None.

Negative

  • None.

Insights

Director received routine restricted stock grant; no open-market trading reported.

Director Carolyn Bailey acquired 1,318 shares of Third Coast Bancshares common stock as a grant with a stated price of $0.00 per share. The filing notes these shares are restricted stock that will vest on the anniversary of the grant date under award terms.

After the grant, Bailey directly owns 11,034 shares and indirectly holds 1,600 shares through an IRA. With no reported open-market buys or sells and no derivative positions shown, this Form 4 reflects standard director compensation rather than an active trading signal.

Insider Bailey Carolyn
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,318 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 11,034 shares (Direct, null); Common Stock — 1,600 shares (Indirect, By IRA FBO Carolyn Bailey)
Footnotes (1)
  1. [object Object]
Restricted stock grant 1,318 shares Grant, award, or other acquisition of common stock
Grant price $0.00 per share Stated transaction price for restricted stock grant
Direct holdings after grant 11,034 shares Common stock directly owned following the transaction
Indirect IRA holdings 1,600 shares Common stock held indirectly via IRA FBO Carolyn Bailey
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
IRA FBO financial
"nature_of_ownership: By IRA FBO Carolyn Bailey"
SEC Form 4
FORM 4UNITED 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*
Bailey Carolyn

(Last)(First)(Middle)
20202 HIGHWAY 59 NORTH, SUITE 190

(Street)
HUMBLE TEXAS 77338

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Third Coast Bancshares, Inc. [ TCBX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A1,318(1)A$011,034D
Common Stock1,600IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of restricted common stock, which vest on the anniversary of the grant date, subject to the terms of the award.
/s/ R. John McWhorter, attorney-in-fact05/26/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)