Form 4: Texas Capital Bancshares Director Stallings Increases Stake in TCBI and Series B Preferred Stock

Director Robert W. Stallings reports increased holdings in Texas Capital Bancshares Inc. common stock and Series B Preferred Stock depositary shares through direct and indirect acquisitions.

Summary

• On January 24, 2025, Robert W. Stallings, a director of Texas Capital Bancshares Inc. (TCBI), acquired 670 shares of common stock at $77.45 per share.
• On the same date, Stallings also acquired 5,000 depositary shares for Series B Preferred Stock at an average price of $20.92.
• An additional 2,006 depositary shares for Series B Preferred Stock were purchased on January 27, 2025, at an average price of $20.99.
• These transactions increased Stallings' indirect holdings through SCG Ventures LP, Stallings Foundation, and direct holdings.
• Following these transactions, Stallings directly owns 283,631 shares of common stock and indirectly owns 182,899 depositary shares for Series B Preferred Stock through SCG Ventures LP, 40,000 through Stallings Foundation, and 84,587 directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive as insider buying can be interpreted as a sign of confidence, but it's a routine transaction.

Positives

• The director's purchase of shares may signal confidence in the company's future performance.

Industry Context

This filing reflects insider activity, which is closely monitored by investors for signals about a company's prospects. Increased insider ownership is often viewed positively.

Stakeholder Impact

• Increased insider ownership could positively influence shareholder sentiment.

Key Dates