Form 4: Robert Stallings Increases Stake in Texas Capital Bancshares

Director Robert Stallings reports acquisition of additional depositary shares and holdings in common stock of Texas Capital Bancshares.

Summary

• Robert Stallings, a director of Texas Capital Bancshares, has reported changes in his beneficial ownership of the company's securities.
• On January 31, 2025, Stallings acquired 6,788 depositary shares for Series B Preferred Stock at an average price of $21.3.
• On February 3, 2025, he acquired an additional 5,000 depositary shares for Series B Preferred Stock at an average price of $21.17.
• Stallings also indirectly owns 40,000 depositary shares through the Stallings Foundation and 85,039 common stock shares through SCG Ventures LP.
• He directly owns 84,587 depositary shares and 283,631 common stock shares.
• SCG Ventures LP is owned by the RWS Investment Trust (49.5%), the LES Investment Trust (49.5%) and Stallings Management LLC (1%).
• Stallings Management LLC is owned by Mr. and Mrs. Stallings (100%).
• The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as a director is increasing their stake in the company, which can be interpreted as a sign of confidence. However, it's a routine filing and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• Director Stallings increased his holdings in Texas Capital Bancshares, signaling confidence in the company.

Industry Context

This filing reflects insider activity, which is closely monitored by investors for signals about a company's prospects. Increased ownership by a director can be seen as a positive sign.

Stakeholder Impact

• The increased stake by a director could positively influence shareholder sentiment.

Key Dates