Form 4: Robert Stallings Increases Stake in Texas Capital Bancshares

Director Robert Stallings reports acquisition of Depositary Shares for Series B Preferred Stock and indirect holdings through SCG Ventures LP and Stallings Foundation.

Summary

• Robert Stallings, a director of Texas Capital Bancshares, reported changes in beneficial ownership.
• On February 4, 2025, Stallings acquired 7,000 Depositary Shares for Series B Preferred Stock at an average price of $21.1.
• On February 5, 2025, Stallings acquired 6,000 Depositary Shares for Series B Preferred Stock at an average price of $21.31.
• Following these transactions, Stallings' indirect holdings through SCG Ventures LP include 208,413 Depositary Shares for Series B Preferred Stock and 85,039 shares of Common Stock.
• Stallings also indirectly holds 40,000 Depositary Shares for Series B Preferred Stock through the Stallings Foundation.
• Stallings directly owns 84,587 Depositary Shares for Series B Preferred Stock and 283,631 shares of Common Stock.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. The sentiment is neutral, reflecting routine insider trading activity.

Positives

• The director's increased investment could be interpreted as a positive signal about the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• The increased holdings by a director could positively influence shareholder confidence.

Key Dates