Third Coast Bancshares, Inc.·4

Mar 17, 5:00 PM ET

Spaulding Audrey 4

Research Summary

AI-generated summary

Updated

Third Coast Bancshares (TCBX) Senior EVP Audrey Spaulding Receives Award

What Happened Audrey Spaulding, Senior Executive Vice President and Chief Credit Officer of Third Coast Bancshares (TCBX), was granted 1,338 shares of restricted common stock on March 15, 2026. The grant was reported as an award/acquisition (code A) at $0.00 per share (no cash paid at grant).

Key Details

  • Transaction date: 2026-03-15 (reported on Form 4 filed 2026-03-17).
  • Grant details: 1,338 restricted shares; reported acquisition price $0.00; total cash value at grant reported as $0.
  • Shares owned after transaction: not specified in the filing.
  • Footnote: These are restricted common stock that vest in three equal annual installments beginning on the anniversary of the grant date, subject to the award terms (F1).
  • Filing timeliness: Form 4 appears timely (filed two days after the report date); no late filing noted.

Context Restricted stock awards are a common form of executive compensation and typically vest over time, aligning executive interests with shareholder value. This award is a grant (not a market purchase or sale) and does not by itself indicate a buy/sell signal.