BlackRock shows 5.2% stake in Third Coast Bancshares
BlackRock, Inc. reports beneficial ownership of 850,967 shares of Third Coast Bancshares, Inc. common stock (CUSIP 88422P109) as of 03/31/2026.
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of 850,967 shares of Third Coast Bancshares, Inc. common stock (CUSIP 88422P109) as of 03/31/2026. The filing states this equals 5.2% of the class and that BlackRock has sole dispositive power over 850,967 shares and sole voting power over 836,582 shares. The Schedule 13G/A clarifies holdings reflect certain Reporting Business Units and notes that various persons may have rights to dividends or sale proceeds. The filing is signed by Spencer Fleming, Managing Director on 04/27/2026.
Positive
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Negative
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Insights
BlackRock discloses a >5% passive stake in TCBX with full dispositive authority.
BlackRock reports beneficial ownership of 850,967 shares, representing 5.2% of Third Coast Bancshares common stock as of 03/31/2026. The filing attributes voting and dispositive powers to BlackRock's Reporting Business Units rather than to unrelated business units.
Because this is a Schedule 13G/A, it indicates passive or investment-management holdings under the stated SEC release; subsequent filings would show any change in status or percent ownership.
Key Figures
Key Terms
beneficially owned regulatory
sole dispositive power regulatory
Schedule 13G/A regulatory
Reporting Business Units other
Investment Company Act of 1940 regulatory
FAQ
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Which date does the filing use for the ownership amount?
Are the reported BlackRock holdings held for other clients or funds?
Does the filing indicate anyone else has rights to proceeds or dividends?
AI-generated analysis. How Rhea-AI works. Not financial advice.