Form 4: Third Coast Bancshares Executive Acquires and Disposes of Shares
SEC Form 4 Filing
Audrey Duncan, a Senior Executive Vice President and Chief Credit Officer at Third Coast Bancshares, reports acquiring and disposing of common stock on March 15, 2025.
Summary
- On March 15, 2025, Audrey Duncan, a Senior Executive Vice President and Chief Credit Officer of Third Coast Bancshares, engaged in transactions involving the company's common stock.
- Duncan acquired 771 shares of common stock at $0 per share.
- Duncan also disposed of 11,671 shares of common stock.
- Following these transactions, Duncan directly owns 11,671 shares and indirectly owns 2,152 shares through an ESOP and 1,500 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock transactions (acquisition and disposition). |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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