Form 4: Director Robert W. Stallings Boosts Stake in Texas Capital Bancshares with Preferred Stock Purchase

Robert W. Stallings, a Director of Texas Capital Bancshares Inc., acquired 10,500 Depositary Shares of Series B Preferred Stock for approximately $20.28 per share.

Summary

• Robert W. Stallings, a Director of Texas Capital Bancshares Inc. (TCBI), reported a transaction on June 11, 2025.
• The transaction involved the purchase of 10,500 Depositary Shares for Series B Preferred Stock.
• The average purchase price for these shares was $20.28, with individual prices ranging from $20.19 to $20.36.
• Following this transaction, Mr. Stallings' beneficial ownership includes 60,000 Depositary Shares indirectly through Stallings Foundation, 84,587 directly, and 255,913 indirectly through SCG Ventures LP.
• Additionally, Mr. Stallings beneficially owns 90,039 shares of Common Stock indirectly through SCG Ventures LP and 289,961 shares directly.
• Each Depositary Share represents a 1/40th interest in a share of the issuer's 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $.01 per share.

Sentiment

Score: 8

Explanation: The purchase of additional shares by a director indicates strong insider confidence in the company's valuation and future prospects, which is a positive signal for investors.

Positives

• A Director, Robert W. Stallings, increased his beneficial ownership in Texas Capital Bancshares Inc. by purchasing 10,500 Depositary Shares for Series B Preferred Stock.
• The purchase indicates confidence from an insider in the company's future prospects and valuation.

Future Outlook

NA

Industry Context

This transaction reflects an individual insider's investment decision within the banking sector, specifically for Texas Capital Bancshares Inc. It does not provide broader industry trends or competitive analysis.

Related Party Transactions

• Indirect beneficial ownership of 60,000 Depositary Shares is held through Stallings Foundation, a charitable foundation of which Mr. Stallings is an officer.
• Indirect beneficial ownership of 255,913 Depositary Shares and 90,039 Common Stock shares is held through SCG Ventures LP. SCG Ventures LP is owned by the RWS Investment Trust (49.5%), the LES Investment Trust (49.5%), and Stallings Management LLC (1%), its general partner. Stallings Management LLC is 100% owned by Mr. and Mrs. Stallings.

Stakeholder Impact

• Shareholders may view the insider purchase as a positive signal, potentially increasing confidence in the company's stock.

Key Dates

Recommendation

Keywords

Texas Capital Bancshares, TCBI, Form 4, insider trading, director purchase, preferred stock, beneficial ownership, Robert W. Stallings