Form 4: Texas Capital Bancshares Director Jonathan Baliff Reports Stock Transactions
SEC Form 4 Filing
Director Jonathan Baliff reported the acquisition and disposal of Texas Capital Bancshares stock and restricted stock units on April 18, 2024.
Summary
- On April 18, 2024, Jonathan Baliff, a director of Texas Capital Bancshares, engaged in transactions involving the company's stock.
- Baliff acquired 1,631 shares of common stock through the vesting of restricted stock units.
- Concurrently, Baliff disposed of 1,631 shares of common stock.
- Baliff also acquired 1,330 restricted stock units on April 23, 2024, exercisable on April 23, 2025.
- Following these transactions, Baliff directly owns 8,265 shares of common stock and 1,330 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date of stock acquisition and disposal. |
| 04/23/2024 | Date of restricted stock units acquisition. |
| 04/23/2025 | Date restricted stock units become exercisable. |
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