Third Coast Bancshares (TCBX) officer receives 3,549 restricted shares grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bobbora William reported acquisition or exercise transactions in this Form 4 filing.
Third Coast Bancshares, Inc. officer William Bobbora received a grant of 3,549 shares of restricted common stock on March 15, 2026. The award was at no cash cost to him and is compensation-related rather than an open-market purchase or sale.
The restricted stock vests in three equal annual installments beginning on the anniversary of the grant date, subject to the terms of the award. After this grant, Bobbora holds 51,855 shares of common stock directly, plus indirect holdings of 2,127 shares through an ESOP and 11,750 shares through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bobbora William
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,549 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,855 shares (Direct);
Common Stock — 2,127 shares (Indirect, By ESOP)
Footnotes (1)
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FAQ
What did William Bobbora report in his latest Form 4 for TCBX?
William Bobbora reported receiving 3,549 shares of restricted common stock as a compensation grant. These shares were awarded at no cash cost and increase his direct holdings in Third Coast Bancshares, Inc. common stock as of March 15, 2026.
Is the TCBX Form 4 transaction an open-market buy or sell?
The Form 4 transaction is not an open-market buy or sell. It is a grant of 3,549 restricted common shares coded as an acquisition award, meaning the shares were received as compensation rather than purchased or sold in the market.
Does this TCBX Form 4 show any stock options or derivative exercises?
The filing does not show any derivative transactions or option exercises. The transactions disclosed relate only to common stock, primarily a restricted stock grant, with no remaining derivative positions listed in the derivative summary section.