STOCK TITAN

Director at Third Coast (TCBX) granted 1,318 restricted shares

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

Rhea-AI Filing Summary

Glander Troy Andrew reported acquisition or exercise transactions in this Form 4 filing.

Third Coast Bancshares director Troy Andrew Glander received a grant of 1,318 shares of restricted common stock on May 21, 2026. The award was made at no cash cost per share and is compensation-related, not an open-market purchase. These restricted shares vest on the anniversary of the grant date, subject to the terms of the award, and bring his directly held common stock position to 30,151 shares.

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Insider Glander Troy Andrew
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,318 $0.00 --
Holdings After Transaction: Common Stock — 30,151 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 1,318 shares Common Stock grant on May 21, 2026
Grant price per share $0.00 per share Compensation-related stock award
Shares held after grant 30,151 shares Director’s direct common stock holdings post-transaction
Transaction code A Grant, award, or other acquisition of common stock
Transaction direction acquire Non-derivative acquisition of common stock
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.
vest financial
"shares of restricted common stock, which vest on the anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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*
Glander Troy Andrew

(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$030,151D
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)

FAQ

What insider transaction did Third Coast Bancshares (TCBX) report for Troy Andrew Glander?

Third Coast Bancshares reported that director Troy Andrew Glander received a grant of 1,318 shares of restricted common stock. The award was recorded on May 21, 2026 and represents a compensation-related acquisition rather than an open-market stock purchase.

Was the Third Coast Bancshares (TCBX) insider stock grant an open-market purchase?

No, the transaction was coded as a grant or award acquisition, not an open-market purchase. The 1,318 shares of common stock were granted at a stated price of $0.00 per share as part of director compensation, according to the Form 4 disclosure.

How many Third Coast Bancshares (TCBX) shares does Troy Andrew Glander hold after this grant?

Following the award, Troy Andrew Glander directly holds 30,151 shares of Third Coast Bancshares common stock. This total includes the newly granted 1,318 restricted shares, as reported in the Form 4’s post-transaction ownership figure.

How do the restricted shares granted to the Third Coast Bancshares (TCBX) director vest?

The 1,318 shares granted are restricted common stock that vest on the anniversary of the grant date. Vesting is subject to the terms and conditions of the award agreement, as noted in the Form 4 footnote describing the restriction and vesting schedule.

What does transaction code A mean in the Third Coast Bancshares (TCBX) Form 4?

Transaction code A on the Form 4 indicates a grant, award, or other acquisition of securities. For Third Coast Bancshares, it flags that Troy Andrew Glander received 1,318 restricted common shares as a compensation award rather than buying shares in the open market.