Peacock Christopher Seay 4

What Happened
Christopher Seay Peacock, Executive Vice President and Chief Retail Officer of Third Coast Bancshares (TCBX), surrendered 63 shares to satisfy a tax liability related to an equity event. The shares were disposed at $37.34 per share for a total value of approximately $2,352. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-15
• Price per share: $37.34; Shares surrendered: 63; Total value: ~$2,352
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes)
• Filing date (Form 4): 2026-03-16 (timely filed)
• Insider role (from filing remarks): Executive Vice President and Chief Retail Officer
• Shares owned after transaction: not disclosed in the filing

Context
Code F typically indicates shares were withheld to cover taxes after an equity award vesting or option exercise. These withholding dispositions are routine administrative transactions and do not necessarily signal the insider’s view on the company’s stock. Purchases or open-market sales are generally more informative about insider sentiment.