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Third Coast Bancshares (TCBX) officer receives 3,549 restricted shares grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Bobbora William

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
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
Common Stock 03/15/2026 A 3,549(1) A $0 51,855 D
Common Stock 2,127 I By ESOP
Common Stock 11,750 I By IRA
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
Explanation of Responses:
1. 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.
Remarks:
Executive Vice President and Chief Banking Officer
/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 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.

How do the restricted TCBX shares granted to Bobbora vest?

The restricted shares vest in three equal annual installments beginning on the anniversary of the grant date. Vesting remains subject to the terms of the award, which typically include continued service or other specified conditions for the shares to fully vest.

How many TCBX shares does William Bobbora own after this Form 4?

Following the grant, Bobbora holds 51,855 shares of common stock directly. He also has indirect ownership of 2,127 shares through an ESOP and 11,750 shares through an IRA, as reported in the holding entries on the Form 4.

What does the zero price per share mean in the TCBX Form 4 grant?

The reported price of $0.0000 per share indicates the shares were awarded at no cash cost to Bobbora. This is typical for restricted stock grants, which are granted as part of compensation rather than bought like ordinary market transactions.

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.
Third Coast Bancshares, Inc.

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United States
HUMBLE