Third Coast CFO granted 3,180 restricted shares
MCWHORTER RICHARD J reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MCWHORTER RICHARD J reported acquisition or exercise transactions in this Form 4 filing.
Third Coast Bancshares, Inc. reported that Chief Financial Officer Richard J. McWhorter received a grant of 3,180 shares of restricted common stock on 2026-03-15. The award carries a price of $0.0000 per share and is compensation-related, not an open‑market purchase.
The restricted stock vests in three equal annual installments beginning on the anniversary of the grant date, subject to the terms of the award. Following this grant, McWhorter holds 128,061 common shares directly, plus indirect holdings of 94,681 shares through a management trust, 55,538 shares via an IRA, and 5,262 shares through an ESOP.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,180 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents shares of restricted common stock, which vest in three equal annual installments beginning on the anniversary of the grant date, subject to the terms of the award.
FAQ
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What type of transaction is reported for TCBX CFO Richard McWhorter on Form 4?
Does the Form 4 for TCBX show any insider stock sales by the CFO?
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