STALLINGS ROBERT W 4
4 · TEXAS CAPITAL BANCSHARES INC/TX · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
Texas Capital (TCBI) Director Robert Stallings Exercises Options
What Happened
- Robert W. Stallings, a director of Texas Capital Bancshares, exercised 1,670 derivative securities (transaction code M) on 2026-04-22 at an exercise price of $0.00 (acquired 1,670). The same day he reported a disposition of 1,670 derivative shares at $0.00. No cash proceeds or purchase price are reported in the filing.
Key Details
- Transaction date: 2026-04-22; Form 4 filed: 2026-04-23 (timely filing).
- Exercise/acquisition: 1,670 derivative shares @ $0.00.
- Disposition: 1,670 derivative shares @ $0.00 (same day).
- Shares owned after transaction: Not disclosed in the provided summary.
- Footnotes: F1 describes ownership structure of SCG Ventures LP; F2 explains each Depositary Share equals a 1/40th interest in the issuer’s Series B preferred stock; F3 notes the Stallings Foundation; F4 N/A.
Context
- Code M indicates exercise/conversion of a derivative. The same-day exercise plus disposition means Stallings did not retain the exercised derivative securities. The instruments involved are depositary/preferred-type securities (see F2), not common stock. The filing is informational; it does not by itself indicate the director’s market sentiment.
Insider Transaction Report
Form 4
STALLINGS ROBERT W
Director
Transactions
- Exercise/Conversion
Common Stock
2026-04-22+1,670→ 294,961 total - Exercise/Conversion
2025 Restricted Stock Units
[F4]2026-04-22−1,670→ 0 totalExercise: $0.00From: 2026-04-22→ Common Stock (1,670 underlying)
Holdings
- 90,039(indirect: SCG Ventures LP)
Common Stock
[F1] - 60,000(indirect: By Foundation)
Depositary Shares for Series B Preferred Stock
[F2][F3] - 175,087
Depositary Shares for Series B Preferred Stock
[F2] - 360,913(indirect: SCG Ventures LP)
Depositary Shares for Series B Preferred Stock
[F2][F1]
Footnotes (4)
- [F1]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%).
- [F2]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.
- [F3]The Stallings Foundation is a charitable foundation of which Mr. Stallings is an officer.
- [F4]N/A
Signature
Mary Helen Hall, attorney-in-fact|2026-04-23