STALLINGS ROBERT W 4
4 · TEXAS CAPITAL BANCSHARES INC/TX · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Texas Capital Bancshares (TCBI) Director Robert W. Stallings Buys 10,000 Shares
What Happened
Robert W. Stallings, a director of Texas Capital Bancshares, made open-market purchases of 10,000 depositary shares in two trades: 8,000 shares on Feb 17, 2026 at $22.11 for $176,880, and 2,000 shares on Feb 18, 2026 at $22.20 for $44,400 — a total cash outlay of $221,280. Transaction code P (purchase) was used; purchases are generally viewed as insider buying (a potentially bullish signal), though no motivation is stated.
Key Details
- Transactions:
- 2026-02-17 — 8,000 depositary shares @ $22.11 each = $176,880 (P) [Footnote F2: average price from $22.10–$22.12].
- 2026-02-18 — 2,000 depositary shares @ $22.20 each = $44,400 (P) [Footnote F4: average price from $22.16–$22.23].
- Total acquired: 10,000 depositary shares for $221,280.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes of note:
- F1: Each depositary share = 1/40th interest in one share of the issuer’s 5.75% Fixed Rate Non‑Cumulative Perpetual Preferred Stock, Series B.
- F2/F4: Stated prices are averages over small intra-trade price ranges; full breakdown available to SEC on request.
- F3/F5: Filing references related entities (SCG Ventures LP and the Stallings Foundation) and ownership structure; these note relationships but do not change that the reported transactions are purchases.
- Filing timeliness: Filing dated Feb 19, 2026; no late‑filing flag is indicated.
Context
These purchases were of depositary shares (a fractional interest in a preferred share), not common stock — they carry different dividend and liquidation priorities. Purchases by insiders can be informative, but they do not guarantee future performance; here the insider made modest open‑market purchases totaling $221k. No options exercises, gifts, or tax‑withholding transactions are reported in this filing.
Insider Transaction Report
- Purchase
Depositary Shares for Series B Preferred Stock
[F1][F2][F3]2026-02-17$22.11/sh+8,000$176,880→ 313,913 total(indirect: SCG Ventures LP) - Purchase
Depositary Shares for Series B Preferred Stock
[F1][F4][F3]2026-02-18$22.20/sh+2,000$44,400→ 315,913 total(indirect: SCG Ventures LP)
- 90,039(indirect: SCG Ventures LP)
Common Stock
[F3] - 60,000(indirect: By Foundation)
Depositary Shares for Series B Preferred Stock
[F1][F5] - 84,587
Depositary Shares for Series B Preferred Stock
[F1] - 289,961
Common Stock
Footnotes (5)
- [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 $22.10 to $22.12. 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 stated price represents the average based on prices ranging from $22.16 to $22.23. 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.
- [F5]The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.