Third Coast Bancshares, Inc.·4

Mar 16, 4:30 PM ET

Eber Liz 4

Research Summary

AI-generated summary

Updated

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.