Director Bailey receives 1,318 TCBX restricted shares
Third Coast Bancshares, Inc. director Carolyn Bailey reported an equity compensation grant in the form of restricted common stock.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,318 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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
Key Terms
restricted common stock financial
Grant, award, or other acquisition financial
IRA FBO financial
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