Form 4: Third Coast Bancshares Executive Acquires Shares
SEC Form 4 Filing
Audrey Duncan, a Senior Executive Vice President and Chief Credit Officer at Third Coast Bancshares, acquired 400 shares of common stock on November 7, 2024.
Summary
- On November 7, 2024, Audrey Duncan, a Senior Executive Vice President and Chief Credit Officer at Third Coast Bancshares, acquired 400 shares of common stock at $0.
- Following the transaction, Duncan directly owns 10,900 shares of common stock.
- Duncan also indirectly owns 2,155 shares through an ESOP and 1,500 shares through an IRA.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting an executive's stock acquisition. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider transactions.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.
Stakeholder Impact
- The transaction provides stakeholders with insight into the actions of a key executive at Third Coast Bancshares.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of transaction: Audrey Duncan acquired 400 shares of common stock. |
| 11/12/2024 | Date of signature on the Form 4 filing. |
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