8-KFiled Sep 13, 8:00 PM ET
Texas Capital Bancshares Moves Listing from Nasdaq to TXSE
$TCBI · TEXAS CAPITAL BANCSHARES INC/TXResearch Summary
AI-generated summary of this SEC filing
Texas Capital Bancshares Moves Listing from Nasdaq to TXSE
What Happened
- Texas Capital Bancshares, Inc. (TCBI) announced on September 14, 2026 (Form 8‑K) that it will voluntarily withdraw the listing of its common stock and its 5.75% Non‑Cumulative Perpetual Preferred Stock, Series B, from The Nasdaq Stock Market and transfer both listings to the Texas Stock Exchange LLC (TXSE).
- The company expects Nasdaq trading to end at market close on October 7, 2026, and TXSE trading to begin at market open on October 8, 2026. The Common Stock and Preferred Stock have been approved for listing on the TXSE.
Key Details
- Filing date: September 14, 2026 (Form 8‑K, Item 3.01 and Item 7.01).
- Securities affected: Common stock (par value $0.01) and 5.75% Non‑Cumulative Perpetual Preferred Stock, Series B (par value $0.01).
- Immediate tickers on TXSE: Common stock will initially trade as "TCBI"; Preferred as "TCBI PRB". On November 9, 2026, the tickers are expected to change to "TXCP" (common) and "TXCP PRB" (preferred).
- The move is voluntary and was authorized by the company’s Board of Directors; the press release is filed as Exhibit 99.1.
Why It Matters
- Trading venue change can affect liquidity, order routing, broker handling, and where shareholders place trades—investors should note the October 7–8 transition dates and the ticker changes on November 9.
- This is a listing transfer (voluntary), not a regulatory delisting for cause; the securities have been approved for listing on the TXSE.
- No financial results, management changes, or other material corporate actions were disclosed in this filing beyond the listing transfer.