Form 4: Texas Capital Bancshares Director Increases Stake in Series B Preferred Stock
SEC Form 4
Robert W. Stallings, a director of Texas Capital Bancshares, recently increased his holdings in the company's Depositary Shares for Series B Preferred Stock through a series of purchases.
Summary
- Robert W. Stallings, a director at Texas Capital Bancshares, has reported changes in his beneficial ownership of the company's securities.
- On May 16, 2025, Stallings acquired 3,500 Depositary Shares for Series B Preferred Stock at an average price of $19.91.
- On May 19, 2025, he acquired an additional 1,000 Depositary Shares for Series B Preferred Stock at an average price of $19.95.
- Following these transactions, Stallings directly owns 84,587 Depositary Shares for Series B Preferred Stock and 289,961 shares of Common Stock.
- He also indirectly owns 239,913 Depositary Shares for Series B Preferred Stock through SCG Ventures LP, 49,500 Depositary Shares for Series B Preferred Stock through the Stallings Foundation, and 90,039 shares of Common Stock through SCG Ventures LP.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock purchases by a director. While insider buying can be seen as a positive signal, it's not overwhelmingly so without additional context.
Positives
- The director's purchase of additional shares could be interpreted as a sign of confidence in the company's prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their investment activities.
Stakeholder Impact
- The increased stake of a director may positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Purchase of 3,500 Depositary Shares for Series B Preferred Stock. |
| 05/19/2025 | Purchase of 1,000 Depositary Shares for Series B Preferred Stock. |
| 05/20/2025 | Date of signature for the Form 4 filing. |
Keywords
beneficial ownership, Form 4, Texas Capital Bancshares, TCBI, Robert W. Stallings, Depositary Shares, Series B Preferred Stock, SCG Ventures LP, Stallings Foundation, director, insider trading
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