Form 4: Third Coast Bancshares Director Carolyn Bailey Reports Stock Transactions
SEC Form 4 Filing
Director Carolyn Bailey reports acquisition of restricted stock and disposition of common stock in Third Coast Bancshares.
Summary
- Carolyn Bailey, a director of Third Coast Bancshares, Inc. [TCBX], reported transactions involving the company's stock on May 30, 2024.
- Bailey acquired 962 shares of restricted common stock at $0, which vest on the anniversary of the grant date.
- Bailey disposed of 7,826 shares of common stock.
- Bailey also indirectly owns 1,600 shares of common stock through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Date of stock acquisition and disposition. |
| 05/31/2024 | Date of signature on the report. |
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