STOCK TITAN

Issuer calls Tectonic Financial (TECTP) Series B preferred shares

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

Rhea-AI Filing Summary

Tectonic Financial, Inc. reported that 29,967 shares of its Series B Non-Cumulative Perpetual Preferred Stock held by director Thomas McDougal were called for redemption by the issuer at $10.00 per share on February 17, 2026, leaving him with no shares of this security.

Positive

  • None.

Negative

  • None.
Insider McDougal Thomas
Role Director
Type Security Shares Price Value
Other Series B Non-Cumulative Perpetual Preferred Stock 29,967 $10.00 $300K
Holdings After Transaction: Series B Non-Cumulative Perpetual Preferred Stock — 0 shares (Direct)
Footnotes (1)
  1. [object Object]
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*
McDougal Thomas

(Last) (First) (Middle)
16000 DALLAS PARKWAY, SUITE 125

(Street)
DALLAS TX 75248

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Tectonic Financial, Inc. [ TECTP ]
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)
02/17/2026
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
Series B Non-Cumulative Perpetual Preferred Stock 02/17/2026 J(1) 29,967 D $10 0 D
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. The reported securities were called for redemption by the issuer.
/s/ Michelle Kay Baird as Attorney-In-Fact for Thomas McDougal 02/19/2026
** 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 Tectonic Financial (TECTP) disclose in this Form 4 filing?

Tectonic Financial disclosed that 29,967 shares of its Series B Non-Cumulative Perpetual Preferred Stock held by director Thomas McDougal were called for redemption by the issuer at $10.00 per share on February 17, 2026.

How many Tectonic Financial (TECTP) preferred shares were affected?

The transaction involved 29,967 shares of Tectonic Financial’s Series B Non-Cumulative Perpetual Preferred Stock. These shares were called for redemption by the issuer, and following the transaction, the reporting person held zero shares of this preferred series.

What was the price for the redeemed Tectonic Financial (TECTP) preferred shares?

The Series B Non-Cumulative Perpetual Preferred Stock was redeemed at $10.00 per share. This price applies to all 29,967 shares reported in the Form 4, which were called for redemption by Tectonic Financial, Inc. on February 17, 2026.

What is the nature of the transaction in Tectonic Financial (TECTP) Form 4?

The Form 4 reports an “other acquisition or disposition” coded as J, where the issuer called the reported Series B preferred shares for redemption. This means the change in holdings resulted from the issuer’s action, not an open-market buy or sell by the director.

Does the Tectonic Financial (TECTP) director still own the reported preferred shares?

No. After the redemption of 29,967 shares of Series B Non-Cumulative Perpetual Preferred Stock at $10.00 per share, the Form 4 shows the director’s total holdings of this security as zero shares following the transaction.