Form 4: Texas Capital Bancshares Director Thomas E. Long Reports Stock Transactions
SEC Form 4 Filing
Director Thomas E. Long reports acquisition and disposal of Texas Capital Bancshares stock and restricted stock units.
Summary
- On April 18, 2024, Director Thomas E. Long engaged in transactions involving Texas Capital Bancshares (TCBI) stock.
- Long acquired 1,631 shares of common stock at a price of $0.
- Concurrently, Long disposed of 1,631 shares of common stock.
- Following these transactions, Long directly owns 9,173 shares of common stock.
- Additionally, Long acquired 1,330 restricted stock units on April 23, 2024, exercisable on April 23, 2025.
- Long also disposed of 1,631 restricted stock units on April 18, 2024.
- After these transactions, Long directly owns 1,330 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions can be influenced by a variety of factors, including personal financial planning and company performance.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date of stock and restricted stock unit transactions. |
| 04/23/2024 | Date of restricted stock units acquisition. |
| 04/23/2025 | Date restricted stock units become exercisable. |
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