STOCK TITAN

Third Coast Bancshares (TCBX) director granted 3,600 stock options

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

Rhea-AI Filing Summary

Third Coast Bancshares, Inc. director Shelton McDonald received a grant of stock options covering 3,600 shares of common stock. The options have an exercise price of $37.91 per share, become exercisable on March 16, 2027, and expire on March 16, 2036. This is a compensation-related award reported as a derivative security, not an open-market purchase or sale.

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SEC Form 4
FORM 4 UNITED 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*
McDonald Shelton

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

(Street)
HUMBLE TX 77338

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Third Coast Bancshares, Inc. [ TCBX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $37.91 03/16/2026 A 3,600 03/16/2027 03/16/2036 Common Stock 3,600 $0 3,600 D
Explanation of Responses:
/s/ R. John McWhorter, attorney-in-fact 03/17/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Third Coast Bancshares (TCBX) report for Shelton McDonald?

Third Coast Bancshares reported that director Shelton McDonald received a grant of stock options for 3,600 shares. These options are a compensation-related award, not a market trade, and give the right to buy common stock at a fixed exercise price.

How many stock options did Shelton McDonald receive in the latest TCBX Form 4?

Shelton McDonald received stock options covering 3,600 shares of Third Coast Bancshares common stock. The options are reported as a derivative security and represent a single grant rather than multiple transactions in the company’s shares.

What is the exercise price and term of Shelton McDonald’s Third Coast Bancshares options?

The granted options have an exercise price of $37.91 per share. They become exercisable on March 16, 2027 and expire on March 16, 2036, giving a multi-year window to purchase common shares at that price.

Does the Shelton McDonald Form 4 for TCBX show a stock purchase or sale?

The filing does not show an open-market stock purchase or sale. It reports a compensation-related grant of stock options coded as a grant or award, which increases his derivative holdings without immediate cash paid or shares sold in the market.

How many derivative securities does Shelton McDonald hold in TCBX after this option grant?

After the reported transaction, Shelton McDonald holds 3,600 stock options as a derivative position. These options each relate to one share of Third Coast Bancshares common stock, reflecting the entire amount acquired in this single grant.
Third Coast Bancshares, Inc.

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