Eber Liz 4
Research Summary
AI-generated summary
Third Coast Bancshares (TCBX) EVP Eber Liz — 25 Shares Withheld After Exercise
What Happened
- Eber Liz, Executive Vice President and Chief Legal Officer of Third Coast Bancshares, had 25 shares withheld to satisfy tax liability related to an equity exercise. The withholding was at $37.34 per share, totaling about $934. This is a tax-withholding disposition tied to an option/award, not an open-market sale.
Key Details
- Transaction date: 2026-03-15; filing date: 2026-03-16 (appears timely).
- Withheld: 25 shares at $37.34 per share — total ≈ $934.
- Nature of transaction: Code F — payment of exercise price or tax liability (shares disposed/withheld to cover taxes).
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- No indication in the excerpt of a 10b5-1 plan or a late filing.
Context
- This is a routine tax-withholding event following an option exercise or vesting of awards; withheld shares are used to cover taxes rather than sold on the open market, so it does not necessarily signal a trade-based view of company prospects.