STALLINGS ROBERT W 4

4 · TEXAS CAPITAL BANCSHARES INC/TX · Filed Jan 27, 2026

Research Summary

AI-generated summary of this filing

Updated

Texas Capital (TCBI) Director Robert Stallings Buys 2,000 Shares

What Happened

  • Robert W. Stallings, a director of Texas Capital Bancshares, reported an open‑market purchase of 2,000 depositary shares on January 23, 2026. The reported average price was $20.91 per depositary share, for a total of $41,820. This was a purchase (a potential bullish signal rather than a sale).

Key Details

  • Transaction date: 2026-01-23; Filing date (Form 4): 2026-01-27 (filed within the required 2 business days).
  • Price reported: Average $20.91; filing notes prices ranged from $20.81 to $21.00.
  • Shares acquired: 2,000 depositary shares; total value reported: $41,820.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Notable footnotes:
    • F1: Each depositary share represents a 1/40th interest in a share of the issuer’s 5.75% Fixed Rate Non‑Cumulative Perpetual Preferred Stock, Series B.
    • F2: Average price based on trades from $20.81–$21.00; detailed per‑price breakdown available on request to the SEC.
    • F3–F4: Filing references related entities (SCG Ventures LP, RWS/LES Investment Trusts, Stallings Management LLC) and the Stallings Foundation, indicating family/related-entity ownership structure and charitable affiliation.

Context

  • This was a straightforward purchase (transaction code P) of depositary shares (a fractional interest in preferred stock), not an option exercise, gift, or award. Such purchases are often watched by retail investors as a sign of insider buying interest but do not, by themselves, prove future company performance.
  • No late filing was indicated.

Insider Transaction Report

Form 4
Period: 2026-01-23
Transactions
  • Purchase

    Depositary Shares for Series B Preferred Stock

    [F1][F2][F3]
    2026-01-23$20.91/sh+2,000$41,820277,913 total(indirect: SCG Ventures LP)
Holdings
  • Common Stock

    [F3]
    (indirect: SCG Ventures LP)
    90,039
  • Depositary Shares for Series B Preferred Stock

    [F1][F4]
    (indirect: By Foundation)
    60,000
  • Depositary Shares for Series B Preferred Stock

    [F1]
    84,587
  • Common Stock

    289,961
Footnotes (4)
  • [F1]Each Depositary Share represents a 1/40th interest in a share of the issuer's 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, par value $.01 per share.
  • [F2]The stated price represents the average based on prices ranging from $20.81 to $21.00. Upon request from the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
  • [F3]SCG Ventures LP is owned by the RWS Investment Trust (49.5%), the LES Investment Trust (49.5%) and Stallings Management LLC (1%), its general partner. Stallings Management LLC is owned by Mr. and Mrs. Stallings (100%).
  • [F4]The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
Signature
Mary Helen Hall, attorney-in-fact|2026-01-27

Documents

1 file
  • 4
    wk-form4_1769548270.xmlPrimary

    FORM 4