Third Coast Bancshares (TCBX) director awarded 3,600 stock options at $37.91
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Third Coast Bancshares, Inc. director Joseph Stunja received a grant of stock options as part of equity compensation. On March 16, 2026, he was awarded 3,600 stock options, each with a conversion price of $37.91 per share of common stock.
The options are exercisable beginning on March 16, 2027 and are scheduled to expire on March 16, 2036. Following this award, Stunja holds 3,600 derivative securities linked to Third Coast Bancshares common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stunja Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 3,600 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 3,600 shares (Direct)
Footnotes (1)
FAQ
How many stock options did TCBX director Joseph Stunja receive?
Director Joseph Stunja received 3,600 stock options. Each option is tied to one share of Third Coast Bancshares common stock, providing potential future ownership if he chooses to exercise the options after they become exercisable.
When can Joseph Stunja start exercising his TCBX stock options?
Joseph Stunja’s stock options become exercisable on March 16, 2027. After that date, he can choose to purchase common shares at the fixed $37.91 exercise price, subject to the terms and conditions of the option award.
How many derivative securities does Joseph Stunja hold after this TCBX option grant?
After this grant, Joseph Stunja holds 3,600 derivative securities in the form of stock options. Each option is linked to one share of Third Coast Bancshares common stock and is held as a direct ownership position.